DAILY CURRENT AFFAIRS 19-05-2022

Shankar School of Banking May 19 , 2022 302

NATIONAL NEWS

Vedanta Partners with NHAI

  • Vedanta Aluminium has announced a long-term contract with NHAI to construct greener roads with fly-ash in Odisha.
  • Fly-ash, which is a by-product of thermal power generation using coal is used in the cement, construction and infrastructure industries.
  • Vedanta Aluminium has utilised nearly 2.8 lakh tonnes of fly-ash in cement production and supplied 2.7 lakh tonnes for brick manufacturing in FY22.
  • Every tonne of fly-ash can save around 700-800 of carbon emissions and 341 litres of water.

MyGov Karnataka

  • MyGov Karnataka was launched by Chief Minister Shri Basavraj Bommai. Karnataka becomes the 17th state to have its own MyGov state instance.
  • MyGov Karnataka was launched to promote participatory governance in state.
  • It also aims to promote active citizen participation and engagement in governance and policymaking.
  • Citizens can register on karnataka.mygov.in to share opinions, ideas and suggestions with the Government.

DRDO & Indian Navy Conduct Successful Maiden Flight-Test

  • Defence Research and Development Organisation (DRDO) and Indian Navy successfully conducted maiden flight-test of indigenously-developed Naval Anti-Ship Missile.
  • On 18 May 2022, it was launched from a Naval Helicopter from Integrated Test Range (ITR), Chandipur Odisha.
  • It is the first indigenous air launched anti-ship missile system for the Indian Navy.
  • The missile employed many new technologies, including an indigenously developed launcher for the helicopter.
  • The missile guidance system includes state-of-the-art navigation system and integrated avionics.

Cotton Council of India

  • The Union Government has announced the formation of the Cotton Council of India under the Chairmanship of renowned veteran Suresh Bhai Kotak.
  • It will have representation from Textiles, Agriculture, Commerce, and Finance Ministries along with Cotton Corporation of India and Cotton Research Institute.
  • The first meeting of the proposed council has been scheduled for 28 May 2022.
  • The council will discuss, deliberate, and prepare a robust action plan for bringing out a tangible improvement in this field.
  • The Minister emphasized the need for making available better-quality seeds to improve the productivity of cotton farmers.

Vadnagar International Conference

  • On 18 May 2022, Gujarat Chief Minister Bhupendra Patel inaugurated the ‘Vadnagar International Conference’ at Mahatma Mandir in Gandhinagar on the occasion of World Museum Day.

  • The 3-day conference has been organized jointly by the Ministry of Sports, Youth and Culture of the Government of Gujarat and the Union Ministry of Culture.

  • The Chief Minister announced that the state government is fully prepared to promote the state’s archaeological heritage and culture on the global stage.
  • The conference is supported by the Archaeological Survey of India.

Ministry of Heavy Industries Signs MoU with NRDC

  • Ministry of Heavy Industries has signed an MoU with National Research Development Corporation (NRDC) for implementation of the Scheme for enhancement of competitiveness in the Indian capital goods sector.

  • The corporation will conduct the activities like evaluation and review of the scheme, management of intellectual property rights and commercialization support for the products developed under Capital Goods Scheme.

  • The vision of this MoU is to make India a global hub for the manufacturing of capital goods.

 

INTERNATIONAL NEWS

Fertilizer Agreement with Jordan

  • Government of India has signed key fertilizer pacts with Jordan as supplies and prices of the key the agriculture commodity get impacted due to the Russia-Ukraine conflict.

  • Chemicals and Fertilizers Minister of India Dr. Mansukh Mandaviya in visit to Jordan for securing long and short-term supplies of fertilizers.

  • During the visit, pacts were signed with Jordan Phosphate Mining Company (JPMC) for supplies of 30 LMT Rock Phosphate, 2.50 LMT DAP, 1 LMT phosphoric acid for the year 2022 with the Indian public, cooperative and private sector companies.
  • A long-term pact has been signed for 5 years for annual supplies of 2.75 LMT Units of Muriate of potash (MoP).

 

SPORTS

Hockey India Senior Women National Championship

  • Odisha emerged as the champions of the 12th Hockey India Senior Women National Championship 2022 in Bhopal, Madhya Pradesh.

  • Odisha defeated Karnataka with score of 2-0 in the final.

  • Jharkhand defeated Haryana by 3-2 to secure third position.

 

AWARDS & PRIZES

Order of the British Empire (CBE) Award

  • Piramal Group Chairman Ajay Piramal has received the prestigious Commander of the Order of the British Empire (CBE) award.

  • Piramal has received the award for services to the UK-India trade relationship as India Co-Chair of the UK-India CEO Forum.

  • As co-chair of India-UK CEO forum since 2016, he has been to help strengthen the strong bilateral relations between the two countries through greater economic co-operation.
  • The Commander of the Order of the British Empire (CBE) is awarded for having a prominent role at national level.

 

RANKS, INDICES & REPORTS

India to Overtake Germany in Vehicle Market

  • According to the report released by the Organisation Internationale des Constructeurs d’Automobiles (OICA), India has surpassed Germany to become the 4th largest vehicle market in the world.

  • India sold 3,759,398 vehicles in 2021, compared to 2,973,319 vehicles in Germany. This translates to a difference of almost 26 percent.

  • India was expected to become the third-largest vehicle market by 2025.
  • The first position is secured by China, the US secured second position followed by Japan.

 

APPOINTMENTS & RESIGNATIONS

CEO of IndiGo

  • The Board of Directors of InterGlobe Aviation Ltd appointed Pieter Elbers as its new chief executive officer (CEO).

  • He will join IndiGo on or before 01 October 2022.

  • He succeeds Mr Ronojoy Dutta, who has decided to retire on 30 September 2022.
  • Elbers is the first foreign chief executive of IndiGo airlines.
  • IndiGo is the largest airline in India with a 53.5% market share.

MD and CEO of Airtel

  • Bharti Airtel, India's 2nd telco, announced that its board has reappointed Gopal Vittal as Managing Director & CEO for a further period of five years ending on January 31, 2028.

  • The reappointment came on a day the telco posted consolidated net profit at Rs 2,007.8 crore in the March quarter.
  • Based on the recommendations of HR & nomination committee and subject to the approval of shareholders, the Board of Directors has approved the re-appointment of Gopal Vittal.

 

IMPORTANT DAYS

International Museum Day

  • International Museum Day is celebrated on 18 May.

  • the International Museum Day was first celebrated in 1977 by the International Council of Museum (ICOM).

  • The theme for the year 2022 is ‘The power of Museums’.
  • A museum describes the journey of a nation from prehistory tto modernity by displaying enriched historical artifacts such as tools, weapons, clothes and jewelry.
  • The day is celebrated by taking part in activities based on the theme decided by the ICOM every year.

World AIDS Vaccine Day

  • World AIDS Vaccine Day is celebrated every year on 18 May.

  • The event highlights the need for a vaccine that might prevent acquired immunodeficiency syndrome (AIDS) from the human immunodeficiency virus (HIV).
  • The event also honours the countless health professionals, scientists, community members and volunteers who are helping to develop an AIDS vaccine.
  • The day is also known as HIV Vaccine Awareness Day.
  • It was observed for the first time in 1998.

 

 

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