22nd September, 2022
“Swachh Sagar, Surakshit Sagar” campaign, ‘India Water Pitch-Pilot-Scale Start-Up Challenge’, India’s longest river cruise service, SCALE (Skill Certification Assessment for Leather Employees) app, Leeds-2022 conference, Adani Ports and Special Economic Zone, Abhay class anti-submarine warfare corvette, NASA’s Perseverance Rover, RBI’s Institute for Development and Research in Banking Technology, Kisan Credit Card (KCC), digitalization of Kisan Credit Card, sale of its stressed assets, Prompt Corrective Action Framework (PCAF), Global Fintech Fest 2022, urban co-operative banks, Chief Compliance Officer, Chief economic adviser V. Anantha Nageswaran, Asia-Pacific Institute of Broadcasting Development (AIBD), non-executive part time chairman of Yes Bank, International Red Panda Day, Gujarati film ‘Chhello Show’,, Rubel Hossain (Bangladeshi cricketer), SAFF (South Asian Football Federation) Women’s Championship, Marrakech Para Athletics Grand Prix, Soviet Cosmonaut Valery Polyakov
- In July 2022, the Central Govt had launched the “Eco Mitram” mobile app to spread awareness about the “Swachh Sagar, Surakshit Sagar” campaign and also for the common people for voluntary registration for the beach cleaning activity on 17th September 2022.
- A total of 76 start-ups have been onboarded under the ‘India Water Pitch-Pilot-Scale Start-Up Challenge’ by the Ministry of Housing & Urban Affairs.
- India’s longest river cruise service will begin between Varanasi and Bogibeel (Assam) in 2023.
- Union Minister for Education and Skill Development Dharmendra Pradhan has launched the SCALE (Skill Certification Assessment for Leather Employees) app to provide a one-stop solution for the skilling, learning, assessment, and employment needs of the leather industry.
- Leeds-2022 conference has been organized by Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi
- Minister of Civil Aviation has announced that over 90 airports in the country will be carbon-neutral by 2024.
- Meghalaya has signed an MoU with the Tamil Nadu to support Meghalaya for recruitment and training of medical professionals.
- West Bengal has approved a proposal for issuing a Letter of Intent to Adani Ports and Special Economic Zone for development of a greenfield deep sea port at Tajpur at an investment of Rs 25,000 crore.
- Punjab govt has received a loan of $150 million (approximately Rs 1,200 crore) from the World Bank to help the state better manage its financial resources and improve access to public services.
- INS Ajay was an Abhay class anti-submarine warfare corvette of Western Naval Command.
- NASA’s Perseverance Rover has collected samples having high concentration of organic matter from the Martian surface.
- Competition Commission of India (CCI) has approved the proposed merger of Jio Cinema OTT with Viacom18 Media.
- RBI’s Institute for Development and Research in Banking Technology (an engineering training institution exclusively focused on banking technology) has launched world’s first network based on Long Range Radio (LoRa) technology.
- Federal Bank has launched the pilot project for digitalizing the Kisan Credit Card (KCC) to facilitate agriculture loans in minutes in Tamil Nadu.
- Union Bank of India has also launched the project for digitalization of Kisan Credit Card in Madhya Pradesh to make it more farmer-friendly.
- Yes Bank has approved the sale of its stressed assets worth around Rs 48,000 crore to the US-based asset reconstruction company (ARC) JC Flowers.
- RBI has removed Central Bank of India from its Prompt Corrective Action Framework (PCAF) because of its improvement in various financial ratios, including minimum regulatory capital and net non-performing assets (NNPAs).
- The 3rd edition of the Global Fintech Fest 2022 has been organised in Mumbai by Fintech Convergence Council (FCC), Payment Council of India (PCI) and the National Payments Corporation of India (NPCI).
- Reserve Bank of India (RBI) has directed the urban co-operative banks (UCBs) with more than ₹10,000 crore deposits to put in place a Board-approved policy and a Compliance Function, including the appointment of a Chief Compliance Officer (CCO) by April 1, 2023.
- Chief economic adviser V. Anantha Nageswaran has said that Indian economy will grow at over 7% in FY23.
- Asia-Pacific Institute of Broadcasting Development (AIBD) has unanimously extended India’s presidency for one more year.
- RBI has approved the appointment of its former deputy governor R Gandhi as non-executive part time chairman of Yes Bank for three years.
- Wipro Ltd has hired Dhruv Anand as country head and managing director to lead operations in Japan.
- September 17 – International Red Panda Day
- Gujarati film ‘Chhello Show’, titled ‘Last Film Show’ in English, has been selected as India’s official entry into the Oscars 2023.
- Rubel Hossain (Bangladeshi cricketer) has announced retirement.
- Bangladesh has won the SAFF (South Asian Football Federation) Women’s Championship at Dashrath Rangshala Stadium, Nepal.
- India has won 19 medals (8 gold, 8 silver, and 3 bronze) at the Marrakech Para Athletics Grand Prix in Morocco.
- Soviet Cosmonaut Valery Polyakov, who held the record for the achieving the longest single stay in space, has passed away.
Table of Content
1. National News
2. State News
3. Defence News
4. International News
5. Banking and Economy
6. GDP Forecasts
7. Appointments
8. Important Days
9. Awards
10. Sports
11. Miscellaneous
National News
- In July 2022, the Central Govt had launched the “Eco Mitram” mobile app to spread awareness about the “Swachh Sagar, Surakshit Sagar” campaign and also for the common people for voluntary registration for the beach cleaning activity on 17th September 2022.
- Through this campaign, a mass behavioural change among the masses is intended by raising awareness about how plastic usage is destroying the marine life.
- “Swachh Sagar, Surakshit Sagar”, a 75-day long campaign, started in July 2022 to end on September 17 (International Coastal Clean-up Day).
- The birth anniversary of PM Narendra Modi on September 17 was celebrated as the ‘Sewa Diwas’.
- A total of 76 start-ups have been onboarded under the ‘India Water Pitch-Pilot-Scale Start-Up Challenge’ by the Ministry of Housing & Urban Affairs.
- The shortlisted start-ups will be provided financial support of up to ₹20 lakh each to work in the fields of water supply, used water management, water body rejuvenation and ground water management etc.
- A challenge was launched by the Ministry in March 2022 to shortlist the start-ups for this initiative. The challenge was launched under AMRUT 2.0 Mission.
- The Ministry has also launched a Toolkit for ‘Pey Jal Survekshan’ in 485 cities.
- Pey Jal Survekshan, under the Jal Jeevan Mission, will assess cities with respect to the quality of water and the quality of water delivery to the citizens, along with sewerage, septage management, grievance redressal, water body conservation, ground water management etc.
- Urban Waterbody Information System (UWaIS) portal was also launched with help from National Remote Sensing Centre, Hyderabad to provide satellite images of water bodies to various cities to plan their rejuvenation.
- 219 cities have been handed over UWaIS data of water bodies during the event.
- India’s longest river cruise service will begin between Varanasi and Bogibeel (Assam) in 2023.
- The service will be covering a distance of more than 4,000 kms through Ganga, Indo- Bangladesh Protocol Route (IBPR), and Brahmaputra.
- Under the plan, two floating jetties at Bogibeel in Dibrugarh district and Guijan in Tinsukia district will be constructed.
- Union Minister for Education and Skill Development Dharmendra Pradhan has launched the SCALE (Skill Certification Assessment for Leather Employees) app to provide a one-stop solution for the skilling, learning, assessment, and employment needs of the leather industry.
- Developer – Leather Skill Sector Council
- Leeds-2022 conference has been organized by Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi
- India has emerged as the second largest food producer in the world and its agricultural exports crossed the Rs 4 lakh crore rupees mark.
- Central government is committed to invest more than Rs 70,000 crore in the fisheries sector by the year 2024-25 under the Pradhan Mantri Matsya Sampada Yojana.
- Minister of Civil Aviation has announced that over 90 airports in the country will be carbon-neutral by 2024.
- The number of airports will increase to 220 in the next five years.
State News
- Meghalaya has signed an MoU with the Tamil Nadu to support Meghalaya for recruitment and training of medical professionals.
- This is a first-of-its-kind medical partnership between the two Indian states for collaboration on knowledge sharing, capacity building and improving health service delivery.
- West Bengal has approved a proposal for issuing a Letter of Intent to Adani Ports and Special Economic Zone for development of a greenfield deep sea port at Tajpur at an investment of Rs 25,000 crore.
- Punjab govt has received a loan of $150 million (approximately Rs 1,200 crore) from the World Bank to help the state better manage its financial resources and improve access to public services.
Defence News
- INS Ajay was an Abhay class anti-submarine warfare corvette of Western Naval Command.
- The ship was commissioned on January 24, 1990, in the then USSR’s Poti port, Georgia.
- It has been not decommissioned. The ship, during its service period, was part of the 23rd Patrol Vessel Squadron under the Flag Officer Commanding, Maharashtra Naval Area.
International News
- NASA’s Perseverance Rover has collected samples having high concentration of organic matter from the Martian surface.
- Perseverance has been exploring the remnants of an ancient river delta inside Mars’ Jezero Crater.
- If all goes according to plan, the samples Perseverance is collecting will be returned to Earth as early as 2033 by a joint NASA-European Space Agency (ESA) campaign.
- Separately, NASA’s InSight Mars lander has detected the locations of craters left by meteoroids on the Martian surface based on seismic and acoustic waves.
Banking and Economy
- Competition Commission of India (CCI) has approved the proposed merger of Jio Cinema OTT with Viacom18 Media.
- RBI’s Institute for Development and Research in Banking Technology (an engineering training institution exclusively focused on banking technology) has launched world’s first network based on Long Range Radio (LoRa) technology.
- Purpose – to provide banking services in remote areas without satellite network
- LoRa is a wireless technology that enables long range communication for transmitting texts and information about financial transaction.
- Federal Bank has launched the pilot project for digitalizing the Kisan Credit Card (KCC) to facilitate agriculture loans in minutes in Tamil Nadu.
- Farmers can avail loans of up to Rs 6 lakh without any collateral.
- The turnaround time for sanctioning and crediting the loan in the borrowers’ accounts will take just five minutes.
- The facility aims at providing small value loans to small and marginal farmers.
- This initiative is planned by the Reserve Bank Innovation Hub.
- Union Bank of India has also launched the project for digitalization of Kisan Credit Card in Madhya Pradesh to make it more farmer-friendly.
- UBI has launched this initiative under its flagship Digital Transformation project ‘Sambhav’.
- Digitalization of Kisan Credit Card is a fintech initiative of Union Bank of India in collaboration with Reserve Bank Innovation Hub (RBIH).
- Yes Bank has approved the sale of its stressed assets worth around Rs 48,000 crore to the US-based asset reconstruction company (ARC) JC Flowers.
- RBI has removed Central Bank of India from its Prompt Corrective Action Framework (PCAF) because of its improvement in various financial ratios, including minimum regulatory capital and net non-performing assets (NNPAs).
- The RBI had imposed the PCA norms on the bank in June 2017 due to its high net NPA and negative return of assets (RoA).
- RBI had placed 11 state-run banks – Allahabad Bank, United Bank, Corporation Bank, IDBI Bank, Uco Bank, Bank of India, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Dena Bank and Bank of Maharashtra – under PCA framework.
- The 3rd edition of the Global Fintech Fest 2022 has been organised in Mumbai by Fintech Convergence Council (FCC), Payment Council of India (PCI) and the National Payments Corporation of India (NPCI).
- Theme – Creating a sustainable financial world
- Reserve Bank of India (RBI) has directed the urban co-operative banks (UCBs) with more than ₹10,000 crore deposits to put in place a Board-approved policy and a Compliance Function, including the appointment of a Chief Compliance Officer (CCO) by April 1, 2023.
- RBI has classified the UCBs in four categories –
- These Banks will be required need to carry out an annual Compliance risk assessment in order to identify and assess major Compliance risks faced by them and prepare a plan to manage the risks. The annual review will be carried out by the Senior Management.
- The Compliance Policy will be reviewed at least once a year.
GDP Forecasts
- Chief economic adviser V. Anantha Nageswaran has said that Indian economy will grow at over 7% in FY23.
Appointments
- Asia-Pacific Institute of Broadcasting Development (AIBD) has unanimously extended India’s presidency for one more year.
- RBI has approved the appointment of its former deputy governor R Gandhi as non-executive part time chairman of Yes Bank for three years.
- Wipro Ltd has hired Dhruv Anand as country head and managing director to lead operations in Japan.
Important Days
- September 17 – International Red Panda Day
- WWF India and SBI Foundation have partnered to generate fine-scale information on the species of Red Panda at a transboundary level and engage with communities in safeguarding key habitats in Sikkim and Darjeeling, Kalimpong district in West Bengal.
Awards
- Gujarati film ‘Chhello Show’, titled ‘Last Film Show’ in English, has been selected as India’s official entry into the Oscars 2023.
- Director – Pan Nalin
Sports
- Rubel Hossain (Bangladeshi cricketer) has announced retirement.
- Bangladesh has won the SAFF (South Asian Football Federation) Women’s Championship at Dashrath Rangshala Stadium, Nepal.
- India has won 19 medals (8 gold, 8 silver, and 3 bronze) at the Marrakech Para Athletics Grand Prix in Morocco.
Miscellaneous
- Soviet Cosmonaut Valery Polyakov, who held the record for the achieving the longest single stay in space, has passed away.
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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