Ghana – 1st country to get aided by COVAX Initiative

Shankar School of Banking February 25 , 2021 325

NATIONAL NEWS

President’s Rule in Union Territory

  • The Union Cabinet has approved a proposal by the Home Ministry to dissolve the Puducherry Assembly and impose President’s Rule in the Pondicherry Union Territory.
  • According to Article 356, President’s Rule can be imposed on any state of India on the grounds of the failure of the constitutional machinery.
  • The President’s Rule is initially for a period of six months. Later, it can be extended for a period of three years with parliamentary approval, every six months.

 

INTERNATIONAL NEWS

Ghana – 1st country to get aided by COVAX Initiative

  • Ghana has become the first country to get the vaccines from Serum Institute of India under the COVAX Initiative.
  • COVAX is one of three pillars of the Access to COVID-19 Tools (ACT) Accelerator, which was launched in April 2020 by the World Health Organization (WHO), the European Commission and France in response to the Covid-19 pandemic.
  • The ACT Accelerator is a framework for collaboration to accelerate the development, production, and equitable access to Covid-19 tests, treatments, and vaccines.
  • The other two pillars of ACT framework are: Therapeutics and Diagnostics.

 

BRICS Finance Meet

  • India hosted a Meeting of BRICS Finance and Central Bank Deputies virtually on 24th February 2021.
  • This was the first meeting on the BRICS Financial Cooperation under India Chairship in 2021.
  • India assumed the BRICS Chairship in 2021, at a time when BRICS is celebrating its 15th anniversary.

Facts on BRICS:

  • Members: Brazil, Russia, India, China and South Africa.
  • Founded: 2006 as BRIC, South Africa joined in 2010
  • First Summit: Russia, 2009 | As BRICS in China, 2011
  • Headquarters: Shanghai, China

 

APPOINTMENTS

Chairman of NCSC

  • Former Union Minister of State for Social Justice and Empowerment, Vijay Sampla, has been appointed as the Chairman of National Commission for Scheduled Castes
  • The National Commission for Scheduled Castes is an Indian constitutional body established with a view to provide safeguards against the exploitation of Scheduled Castes and Anglo-Indian communities
  • Article 338 of the Indian constitution deals with National Commission for Scheduled Castes.

 

MISCELLENEOUS NEWS

Brand Ambassador of Levi’s

  • Levi’s, a premium denim brand, has set the Bollywood actress Deepika Padukone as the new brand ambassador.
  • Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans.
  • It was founded in May 1853 when German immigrant Levi Strauss.

 

AWARDS

International Anti-Corruption Award

  • The International Anti-Corruption Award is given by the USA to the courageous individual who does anti-corruption efforts and the countries working to fulfil their commitments to international anti-corruption standards.
  • Anjali Bharadwaj form India has been selected among the 12 people around the world for this award.
  • She is an social activist working on the issues of Transparency and Accountability in the country.

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