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30th August, 2022

Right of Way rules, 2016, India-GABON Business Council, Khulna-Darsana, 38th Meeting of Ministerial level Joint Rivers Commission of India and Bangladesh, National Tribal Research Institute, 100-day Aashwasan Campaign, Coastal Cleaning Mission, National Forensic Science University, National Mission for Financial Inclusion,, “Parley for the Oceans”, Mahila Nidhi scheme, Smriti Van memorial, three DRDO weapons, “SAREX-2022”, net-zero carbon emission target, Samvardhana Motherson International Ltd, global research and development (R&D) company, Kochi1 card, Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, National Minorities Development and Finance Corporation, and Development Authority of India, Women’s Equality Day, International Day against Nuclear Tests, Diamond League meet, FIFA U-17 Women’s World Cup, BWF World Championships 2022 in Tokyo, Formula One Belgian Grand Prix, world cadet judo championships 2022, “India’s Economy From Nehru To Modi: A Brief History” book
  1. The Department of Telecommunications (DoT) has amended the Right of Way rules, 2016 to ensure quick approvals for deploying telecom infrastructure.
  2. India-GABON Business Council was launched by the Indian Economic Trade Organization and the Embassy of GABON to accelerate the trade relationships between both countries.
  3. Bangladesh and India have signed two contracts for the construction of a new broad-gauge line between Khulna-Darsana and conversion of metre gauge line into a dual-gauge line between Parbatipur and Kaunia.
  4. 38th Meeting of Ministerial level Joint Rivers Commission of India and Bangladesh was held in New Delhi.
  5. Ministry of Tribal Affairs and TB division of Ministry of Health and Family Welfare organized a national conclave at the National Tribal Research Institute (NTRI), New Delhi to disseminate the learnings of the 100-day Aashwasan Campaign under ‘Tribal TB Initiative’.
  6. Union Minister Jitendra Singh has launched a dedicated website swachhsagar.org to boost the Coastal Cleaning Mission.
  7. Union Home and Cooperation Minister, Shri Amit Shah, addressed the first convocation of the National Forensic Science University (NFSU) in Gandhinagar.
  8. Pradhan Mantri Jan Dhan Yojana (PMJDY), also known as the National Mission for Financial Inclusion, has completed 8 years of successful implementation.
  9. Andhra Pradesh government has signed an MOU with the U.S.-based “Parley for the Oceans” on plastic-waste management in Andhra Pradesh.
  10. Rajasthan Chief Minister Ashok Gehlot launched Mahila Nidhi scheme on Women’s Equality Day to help them sustain their livelihoods as well as start some small business ventures for their economic betterment.
  11. PM Narendra Modi inaugurated the Smriti Van memorial for people who died during the devastating 2001 earthquake in the Kutch region of Gujarat.
  12. Ministry of Defence has approved the use of three DRDO weapons – Guided Extended Range Rocket Ammunition, Aerial Denial Munition Type I, and Infantry Combat Vehicle – by the Indian Army.
  13. Indian Coast Guard’s Dornier aircraft conducted the “SAREX-2022” exercise for demonstrating ways of rescuing people from ships in emergency situations.
  14. Indian Oil Corp. Ltd (IOC) has announced to invest ₹2 trillion to achieve the net-zero carbon emission target by 2046.
  15. Samvardhana Motherson International Ltd has signed an agreement with the Ministry of Investment, Kingdom of Saudi Arabia, to identify investment opportunities in the Middle East nation.
  16. Japan’s Suzuki Motor Corp will set up a new global research and development (R&D) company in India.
  17. Axis Bank has decided to roll out campaigns along with the Kochi Metro Rail Ltd to promote its Kochi1 card amongst metro commuters.
  18. India has provided $1 million to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Secretariat in Dhaka to increase its operational budget.
  19. National Minorities Development and Finance Corporation (NMDFC) has signed an agreement with ICICI Bank for the development of financial accounting software and mobile application.
  20. The Insurance Regulatory and Development Authority of India (IRDAI) has provided insurers with more flexibility in paying commissions by linking limits to the overall portfolio and company management expenses.
  21. August 26 – Women’s Equality Day
  22. August 29 – International Day against Nuclear Tests
  23. Neeraj Chopra has become the first Indian to win a Diamond League meet in Lausanne, Switzerland.
  24. India will host the FIFA U-17 Women’s World Cup as FIFA has lifted its ban on India.
  25. BWF World Championships 2022 in TokyoMen’s Singles – Viktor Axelsen (Denmark); Women’s Singles – Akane Yamaguchi (Japan)
  26. Red Bull’s Max Verstappen has won the Formula One Belgian Grand Prix.
  27. Linthoi Chanambam has won the gold medal at the world cadet judo championships 2022 in the women’s -57kg category in Sarajevo, Bosnia, and Herzegovina.
  28. “India’s Economy From Nehru To Modi: A Brief History” book has been authored by Pulapre Balakrishna.

Table of Content 

National News

  1. The Department of Telecommunications (DoT) has amended the Right of Way rules, 2016 to ensure quick approvals for deploying telecom infrastructure.
      • According to the amended rules, charges for laying aerial optical fibre will be capped at ₹1,000 per km and annual fees have been fixed at ₹300 for urban areas and ₹150 for rural areas per street furniture, and ₹1,000 per pole to set up small cells.
      • The approvals for developing telecom infrastructures such as the laying of fibre and tower installations are obtained through the GatiShakti Sanchar portal (which was launched in May 2022).
  2. India-GABON Business Council was launched by the Indian Economic Trade Organization and the Embassy of GABON to accelerate the trade relationships between both countries.
      • The council was launched on the National Day of Gabon (August 17, 2022).
      • Gabon plans to have 100% clean energy by 2030.
  3. Bangladesh and India have signed two contracts for the construction of a new broad-gauge line between Khulna-Darsana and conversion of metre gauge line into a dual-gauge line between Parbatipur and Kaunia.
      • Both of these rail lines are in Bangladesh.
  4. 38th Meeting of Ministerial level Joint Rivers Commission of India and Bangladesh was held in New Delhi.
      • Both India and Bangladesh have finalised the text of MOU on interim water sharing of Kushiyara River (a distributary river in Assam and Bangladesh).
      • The Joint Rivers Commission of India and Bangladesh was constituted in the year 1972 as a bilateral mechanism to address issues of mutual interest on common / border / transboundary rivers.
      • India and Bangladesh share 54 rivers, of which 7 rivers have been identified earlier for developing the framework of water sharing agreements on priority.
  5. Ministry of Tribal Affairs and TB division of Ministry of Health and Family Welfare organized a national conclave at the National Tribal Research Institute (NTRI), New Delhi to disseminate the learnings of the 100-day Aashwasan Campaign under ‘Tribal TB Initiative’.
      • Tribal TB Initiative is a joint initiative of the Ministry of Tribal Affairs and Central TB Division, Ministry of Health, supported by USAID as technical partner and Piramal Swasthya as implementing partner.
      • The Aashwasan Campaign started in January this year for finding the active case of TB in 174 tribal districts of India, under the ambit of the Tribal TB Initiative.
      • Now, 75 high-burden tribal districts have been selected for focused interventions in the coming months.
      • The three-pronged strategy for the 75 Districts –
        • Generating demand for TB services by increasing awareness on TB.
        • Improving the delivery of TB services by enhancing the TB testing and diagnosis infrastructure.
        • Decreasing the risk of transmission and decreasing the pool of infections through active case-finding campaigns.
  6. Union Minister Jitendra Singh has launched a dedicated website swachhsagar.org to boost the Coastal Cleaning Mission.
      • The Minister also launched the Campaign Logo-Vasuki.
  7. Union Home and Cooperation Minister, Shri Amit Shah, addressed the first convocation of the National Forensic Science University (NFSU) in
      • Three Centre of Excellences were inaugurated at the university during the convocation, which are Centre of Excellence in DNA, Centre of Excellence in Cyber ​​Security, and the Centre of Excellence in Investigative and Forensic Psychology.
  8. Pradhan Mantri Jan Dhan Yojana (PMJDY), also known as the National Mission for Financial Inclusion, has completed 8 years of successful implementation.
      • More than 46.25 crore beneficiaries banked under PMJDY since inception, amounting to over Rs 1,73,000 crore.
      • 56% Jan Dhan account holders are women and 67% of Jan Dhan accounts are in rural and semi-urban areas.

State News

  1. Andhra Pradesh government has signed an MOU with the U.S.-based “Parley for the Oceans” on plastic-waste management in Andhra Pradesh.
  2. Rajasthan Chief Minister Ashok Gehlot launched Mahila Nidhi scheme on Women’s Equality Day to help them sustain their livelihoods as well as start some small business ventures for their economic betterment.
      • ‘Mahila Nidhi’ will be established through Rajasthan Rural Livelihood Development Council.
      • Rajasthan is the second state in the country after Telangana where ‘Mahila Nidhi’ scheme has been started.
      • This initiative has been aimed at strengthening women’s self-help groups by facilitating financing from banks and increasing the income of women from poor households.
  3. PM Narendra Modi inaugurated the Smriti Van memorial for people who died during the devastating 2001 earthquake in the Kutch region of Gujarat.

Defence News

  1. Ministry of Defence has approved the use of three DRDO weapons – Guided Extended Range Rocket Ammunition, Aerial Denial Munition Type I, and Infantry Combat Vehicle – by the Indian Army.
  2. Indian Coast Guard’s Dornier aircraft conducted the “SAREX-2022” exercise for demonstrating ways of rescuing people from ships in emergency situations.
      • Indian Coast Guard Chief – VS Pathania

Banking and Economy

  1. Indian Oil Corp. Ltd (IOC) has announced to invest ₹2 trillion to achieve the net-zero carbon emission target by
      • IOC’s chairman and managing director Shrikant Madhav Vaidya made this announcement at the 63rd annual general meeting of the company.
  2. Samvardhana Motherson International Ltd has signed an agreement with the Ministry of Investment, Kingdom of Saudi Arabia, to identify investment opportunities in the Middle East nation.
      • Samvardhana Motherson is an India-based manufacturer and global supplier of automotive components.
  3. Japan’s Suzuki Motor Corp will set up a new global research and development (R&D) company in India.
      • The new company, a wholly-owned unit of Suzuki Japan, would help Suzuki strengthen its R&D competitiveness and capabilities not only for India but also for global markets.
  4. Axis Bank has decided to roll out campaigns along with the Kochi Metro Rail Ltd to promote its Kochi1 card amongst metro commuters.
      • This would help daily commuters save considerably more with discounted metro fares.
  5. India has provided $1 million to the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Secretariat in Dhaka to increase its operational budget.
  6. National Minorities Development and Finance Corporation (NMDFC) has signed an agreement with ICICI Bank for the development of financial accounting software and mobile application.
      • The MoU provides for the development of financial accounting software for NMDFC and State Channelizing Agencies (SCAs), loan accounting software for receiving and processing of loan applications and accounting of repayments from beneficiaries.
      • ICICI Bank will design, develop and deploy the application for NMDFC, and provide source code and executable database information among others.
  7. The Insurance Regulatory and Development Authority of India (IRDAI) has provided insurers with more flexibility in paying commissions by linking limits to the overall portfolio and company management expenses.
      • The utmost commission sanctioned for non-life products has been pegged at 20% of the gross written premium in India in that financial year.

Important Days

  1. August 26 – Women’s Equality Day
  2. August 29 – International Day against Nuclear Tests

Sports

  1. Neeraj Chopra has become the first Indian to win a Diamond League meet in Lausanne, Switzerland.
      • Now, he has qualified for the third Diamond League Final.
      • Chopra has also qualified for the world athletics championships 2023, to be held in Budapest, Hungary.
  2. India will host the FIFA U-17 Women’s World Cup as FIFA has lifted its ban on India.
      • This 7th edition will be held in Kalinga Stadium (Bhuvneshwar), Jawaharlal Nehru Stadium (Goa), and DY Patil Stadium (Mumbai).
  3. BWF World Championships 2022 in TokyoMen’s Singles – Viktor Axelsen (Denmark); Women’s Singles – Akane Yamaguchi (Japan)
  4. Red Bull’s Max Verstappen has won the Formula One Belgian Grand Prix.
  5. Linthoi Chanambam has won the gold medal at the world cadet judo championships 2022 in the women’s -57kg category in Sarajevo, Bosnia, and Herzegovina.
      • The teenager from Manipur is the first Indian to win gold in the world judo championships in any category.

Miscellaneous

  1. “India’s Economy From Nehru To Modi: A Brief History” book has been authored by Pulapre Balakrishna.
CEO of Anujjindal.in

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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