29th-31st October, 2022
7th ASEAN-India Ministerial Meeting (AIMMAF) on Agriculture and Forestry, Chintan Shivir (reflection camp), Goa’s Mopa airport, ‘SAFAL’ (Simplified Application for Agricultural Loans), 3rd Advance Estimates of the area and production, “Yudh Abhyas” exercise, Asian Infrastructure Investment Bank (AIIB), G20 Health Ministers Meeting, World Energy Outlook 2022, Emissions Gap Report 2022, Stanford University Rankings 2022, Bima Sugam—an online portal, “Project WAVE”, Ministry of Commerce and Industry’s data, Centre of Excellence for Green Hydrogen in New Delhi, Group Accident Insurance Plan, ‘Shaurya Diwas’, National Intellectual Property Award
- 7th ASEAN-India Ministerial Meeting (AIMMAF) on Agriculture and Forestry was held virtually.
- The two-day Chintan Shivir (reflection camp) of the home ministers of states will be held at Surajkund in Haryana from 27th & 28th October, 2022.
- Directorate General of Civil Aviation (DGCA) has granted Goa’s Mopa airport the aerodrome license to enable it to commence flight operations.
- Odisha Chief Minister Naveen Patnaik has launched a common credit portal named ‘SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers.
- Ministry of Agriculture and Farmers Welfare has released the 3rd Advance Estimates of the area and production of various horticultural crops for the year 2021-22.
- Indian and the US militaries will conduct the “Yudh Abhyas” exercise at Auli in Uttarakhand, just 100 km from the Line of Actual Control (LAC), between November 15 and December 2.
- 7th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) was hosted virtually on the theme of “Sustainable Infrastructure Toward a Connected World”.
- The second edition of G20 Health Ministers Meeting was held in Bali, Indonesia.
- International Energy Agency (IEA) has released its World Energy Outlook 2022.
- United Nations Environment Programme has released the “Emissions Gap Report 2022: The Closing Window”.
- Stanford University Rankings 2022 has been released. Around 50 experts from Pune have featured in the list containing top 2% scientists around the world.
- The Insurance Regulatory and Development Authority of India (IRDAI) has launched Bima Sugam—an online portal that will house all companies selling life and non-life insurance on a single platform.
- Indian Bank has launched several digital initiatives under “Project WAVE” (World of Advance Virtual Experience) to enhance the customer experience through integrated services on its digital platform.
- According to the Ministry of Commerce and Industry’s data, Russia has become India’s 7th largest trading partner from its 25th position last year.
- PHD Chamber of Commerce & Industry and Greenstat Hydrogen India have tied up for setting up a Centre of Excellence for Green Hydrogen in New Delhi.
- India Post Payments Bank (IPPB) operating under the Department of Posts has launched a Group Accident Insurance Plan with an accidental death coverage of Rs 10 lakh.
- ‘Shaurya Diwas’ (commemorates the 75th year of air landed operations of Indian Army at Budgam Airport in 1947, which ensured the first civil-military victory of Independent India)
- IIT-Madras has won the National Intellectual Property Award for 2021 and 2022 from the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.
Table of Content
National News
- 7th ASEAN-India Ministerial Meeting (AIMMAF) on Agriculture and Forestry was held virtually.
- Co-chairs – Agriculture Ministers from India (Narendra Singh Tomar), Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam
- The Medium-Term Action Plan of ASEAN-India Cooperation (2021-2025) was reviewed.
- The two-day Chintan Shivir (reflection camp) of the home ministers of states will be held at Surajkund in Haryana from 27th & 28th October, 2022.
- Directorate General of Civil Aviation (DGCA) has granted Goa’s Mopa airport the aerodrome license to enable it to commence flight operations.
State News
- Odisha Chief Minister Naveen Patnaik has launched a common credit portal named ‘SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers.
- The facility will enable farmers and Agri-entrepreneurs to access more than 300 term loan products of over 40 banks.
Agriculture and Rural Development
- Ministry of Agriculture and Farmers Welfare has released the 3rd Advance Estimates of the area and production of various horticultural crops for the year 2021-22.
- The total horticulture production is estimated to be 33 million tonnes in the year 2021-22, showing an increase of about 7.73 million tonnes (an increase of 2.3%) over the year 2020-21 (final).
- Total fruit production in 2020-21 – 107.24 million tonnes
- Total vegetable production in 2020-21 – 204.84 million tonnes
Defence News
- Indian and the US militaries will conduct the “Yudh Abhyas” exercise at Auli in Uttarakhand, just 100 km from the Line of Actual Control (LAC), between November 15 and December 2.
International News
- 7th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) was hosted virtually on the theme of “Sustainable Infrastructure Toward a Connected World”.
- Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman gave her opinions on the Roundtable Discussion on the theme “Financing Infrastructure in a Crisis-Prone World”.
- The second edition of G20 Health Ministers Meeting was held in Bali, Indonesia.
Reports and Indices
- International Energy Agency (IEA) has released its World Energy Outlook 2022.
- In this decade, the energy demand is likely to rise 3% annually due to urbanisation and industrialisation.
- Renewable energy meets more than 60% of the growth in demand for power and accounts for 35% of the electricity mix by 2030 — solar PV alone accounts for more than 15%.
- United Nations Environment Programme has released the “Emissions Gap Report 2022: The Closing Window”.
- At 2.4 tCO2e (tonne carbon dioxide equivalent), India’s per capita greenhouse gas emissions were far below the world average of 6.3 tCO2e in 2020.
- Stanford University Rankings 2022 has been released. Around 50 experts from Pune have featured in the list containing top 2% scientists around the world.
- Dr Thanu Padmanabhan, the late theoretical physicist from Inter-University Centre for Astronomy and Astrophysics, has earned the top rank in India.
- Dr Sundeep Salvi, director of Pulmocare Research and Education (PURE) Foundation, is ranked 50th.
Banking and Economy
- The Insurance Regulatory and Development Authority of India (IRDAI) has launched Bima Sugam—an online portal that will house all companies selling life and non-life insurance on a single platform.
- The portal is scheduled to go live from 1 January 2023.
- Indian Bank has launched several digital initiatives under “Project WAVE” (World of Advance Virtual Experience) to enhance the customer experience through integrated services on its digital platform.
- Indian Bank has tied-up with Universal Sompo General Insurance for providing online two- and four-wheeler and health insurance through its mobile banking app IndOASIS.
- Indian Bank has partnered with Rupeek Capital Pvt Ltd, an asset-backed digital lending fintech platform, to offer jewel loans at customers’ doorsteps under the co-lending arrangement.
- According to the Ministry of Commerce and Industry’s data, Russia has become India’s 7th largest trading partner from its 25th position last year.
- PHD Chamber of Commerce & Industry and Greenstat Hydrogen India have tied up for setting up a Centre of Excellence for Green Hydrogen in New Delhi.
- The centre will provide training and workshops to promote green hydrogen and green ammonia.
- India Post Payments Bank (IPPB) operating under the Department of Posts has launched a Group Accident Insurance Plan with an accidental death coverage of Rs 10 lakh.
- The India Post in partnership with TATA AIG and Bajaj Allianz General Insurance companies will offer the insurance plan at a premium of Rs 399 or Rs 396 per annum.
- The insurance plan will offer around 10 major benefits for the applicant including permanent total or permanent partial disability coverage of Rs 10 lakh, an option to cover accidental medical expenses up to Rs 60,000 and transportation benefits for the family members travelling to see the accident victim.
- The bank has also extended the e-OD (Overdraft) facility against Term Deposits opened at branches by individual customers which were previously offered for e-deposits only.
Important Days
- October 27 –
- ‘Shaurya Diwas’ (commemorates the 75th year of air landed operations of Indian Army at Budgam Airport in 1947, which ensured the first civil-military victory of Independent India)
- Infantry Day of Indian Army (76th edition)
- World Day for Audio-Visual Heritage
Awards
- IIT-Madras has won the National Intellectual Property Award for 2021 and 2022 from the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry.
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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