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Business & Economy
MoU with Flipkart: Today Current Affairs in English
By incorporating local companies and self-help groups (SHGs), particularly those run by women, into the e-commerce fold, the Ministry of Rural Development has inked an MoU with Flipkart. The relationship supports the objective of the Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM), which is to promote rural communities’ self-employment and entrepreneurial capacity. SHGs, according to Minister of Rural Development and Panchayati Raj Giriraj Singh, are the backbone of the rural economy, and the government aims to increase their yearly income to at least one lakh rupees. According to him, the government is finding and cooperating with all potential partners who can help with this cause, and the relationship between DAY NRLM and Flipkart will aid in this approach.
Armed Forces Modernisation: Latest Current Affairs Today
On November 2, the Defence Acquisition Council, led by Defence Minister Rajnath Singh, accepted bids for Armed Forces modernization costing Rs 7,965 crore under Make in India. The purchase of twelve HAL Light Utility Helicopters and a BEL Lynx U2 Fire Control System to improve the detection, tracking, and engagement capabilities of Naval vessels has been approved. The Mid-Life Upgrade of Dornier Aircraft from HAL was also approved, enhancing naval coastal surveillance capabilities. The Make in India effort, which focuses on Indian design, development, and manufacturing, encompasses all of these projects. A global procurement case of Naval weapons has been foreclosed, with the number of these guns added to the modified Super Rapid Gun Mount (SRGM) being built by Bharat Heavy Electricals Limited as an additional push to Aatmanirbhar Bharat.
Ayushmaan CAPF: Today GK Affairs
The ‘Ayushmaan CAPF’ Scheme health cards were inaugurated at the national level on November 2nd in New Delhi by Home Minister Amit Shah. The initiative was started by the Home Minister handing over the Ayushmaan card to a member of the staff. He also presented the Director-General, National Security Guard, NSG, with ‘Ayushmaan CAPF’ Scheme health cards for distribution to NSG personnel. Mr. Shah stated on the occasion that the CAPFs should worry about the country’s security since the Narendra Modi government will look after their families. According to him, the initiative is aimed to cover all serving members of the Central Armed Police Forces, as well as their relatives. On the auspicious day of Dhanvantri Pooja, the procedure of distributing health cards across Central Armed Police Forces, CAPFs, began.
Solar Power Calculator: 03 November 2021 Current Affairs
To address the occasion of the COP-26 summit, PM Modi stated that The Indian Space Research Organisation (ISRO) will soon release a solar power calculator application that would allow anybody to assess the solar energy potential of any area on the earth. During the session on Accelerating Clean Technology Innovation and Deployment, Mr. Modi stated that with this calculator, the solar power potential of every location on the planet can be evaluated using satellite data. This program, according to Mr. Modi, will be valuable in determining the placement of solar plants and will help to boost the ‘One Sun, One World, One Grid‘ effort. Solar energy is completely pure and renewable, according to him, but the problem is that it is only accessible during the day and is weather-dependent.
Kevadiya Railway Station: Daily GK Current Affairs
Under a Public-Private Partnership, Indian Railways will build an Art Gallery with a Souvenir Shop at Kevadiya Railway Station. This art gallery displays various Gujarati and Indian art and craft genres. Tourists visiting the Statue of Unity may now learn about Gujarat’s rich cultural past at Kevadiya Station. The Western Railway’s Vadodara Division has been granted the first contract of its sort in Indian Railways for the building of an art gallery with a souvenir shop. A private entity will create and run this Art Gallery, which would generate 24.7 lakh rupees in income for the Railways and potential revenue of 2.83 crore rupees. This initiative would not only enhance visitors’ experiences in Kevadiya but will also give employment to local tribal people in the Narmada area by allowing them to showcase their tribal art.
RBI’s Web-based Supervisory System: Free Current Affairs of Today
The Reserve Bank of India (RBI) is set to establish a web-based supervisory system that will allow both off-site and on-site oversight of contemporary operations including digital banking and cyber security. M. K. Jain, the RBI’s Deputy Governor, stated this at a private ceremony in Mumbai yesterday. Mr. Jain stated that banks must be cautious in following rules and investing in technology to meet supervisory challenges as they experiment with new services in the post-COVID world, as governance standards, business models, risk cultures, and assurance functions will ultimately determine how well they perform in the long run.
Summits & Conference
PM held Bilateral Meetings: Current Affairs 2021
On 02nd November, Prime Minister Narendra Modi met with the President of Ukraine, as well as the Prime Ministers of Nepal and Israel, on the sidelines of the COP-26 Summit in Glasgow. Mr. Modi met with his Finnish colleague, Sanna Marin, on the outside of the Summit. During their meeting in Glasgow, Foreign Secretary Harsh Vardhan Shringla informed the media that Ukraine President Volodymyr Zelensky appreciated India’s assistance during the COVID emergency. The President described how he received the Covishield vaccine, which is made in India by the Serum Institute. The President of Ukraine also thanked India for its help, not just for vaccinations but also for economical and high-quality medications.