Daily Current Affairs 10 October for Banking/Insurance/SSC and other related exams.
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NATIONAL NEWS
India and Switzerland commemorate 75 years of friendship in Picturesque Kumaon Village
India and Switzerland celebrated 75 years of friendship and collaboration in a three-day event called ‘Swiss Himalayan Bounty’ at a quaint Kumaon village in Uttarakhand.. The event featured various NGOs, stakeholders, and beneficiaries of the partnership between the two nations.
- The highlight was the showcasing of achievements of rural women of Champawat district who have benefited from projects supported by Swiss Himalayan Amity (SHA), a Switzerland-based organisation.
- Through four programmes called Aarohi, Arogya, Alaap and Cankids, SHA supports organisations in Uttarakhand in the field of education, healthcare and reforestation.
India’s oldest think tank USI to hold first Indian Military Heritage Festival
A two-day festival showcasing the heritage and culture of India’s armed forces will be held on October 21-22 in Delhi. The Indian Military Heritage Festival will be hosted by the United Service Institution (USI) of India, a think tank set up in the 19th century.
- The first-of-its-kind festival is being organised in association with a news organisation at Manekshaw Centre, the USI said in a statement.
- Through the Atmanirbhar Bharat programs, this pioneering event strives to fill a gap in the national discourse and cultural calendar by putting attention on India’s rich military past, modern security concerns, and the quest of self-reliance in military capabilities.
Maharashtra govt approves ‘Lek Ladki’ scheme
Maharashtra Government has approved the ‘Lek Ladki’ (Beloved Daughter) scheme . The scheme was announced in this year’s state budget.
- It will be applicable to families holding yellow or saffron ration cards. The state government has said that the scheme will effective for girls born post 1st of April 2023. The scheme will provide a financial aid of one lakh rupees for a girl child of poor family.
Telangana Govt decides to implement cashless health insurance scheme for government employees
Telangana State government has decided to implement a cashless health insurance scheme for government employees, their families and pensioners who are covered under Employees Health Scheme (EHS). The state government formed the Employee Health Care Trust (EHCT) .
- Employees and pensioners will contribute to the EHCT, a specified amount each month, to be deducted every month from their salaries or remunerations or pensions. The state Government will also make an equal matching contribution to the Trust each month.
Assam govt to distribute 4 lakh rupees each to one thousand 182 former Adivasi militants after tripartite peace accord with Centre
The Assam government will distribute 4 lakh rupees each to 1 thousand 182 former Adivashi militants in Guwahati. All of them are former militants belonging to five groups namely Adivasi Cobra Military of Assam, All Adivasi National Liberation Army, Birsa Commando Force, Adivasi People’s Army, and Santhal Tiger Force.
- They laid down arms in July this year. Out of the total surrendered militants, a maximum of 453 cadres belong to the Adivasi Cobra Military of Assam.
INTERNATIONAL NEWS
Israel imposes total siege on Gaza; death toll rises
Israel imposed a total siege on the Gaza Strip on October 9 and cut off the water supply as it kept bombing targets in the crowded Palestinian enclave in response to the Hamas surprise assault it has likened to the 9/11 attacks.
- Reeling from the Islamist group’s unprecedented ground, air and sea attacks, Israel has counted over 700 dead and launched a withering barrage of strikes on Gaza that have raised the death toll there to 560 people.
Sri Lanka to take over as Chair of Indian Ocean Rim Association
The 23rd Council of Ministers of IORA met in Colombo as Sri Lanka assumed the chairmanship from Bangladesh. The Council of Ministers is the highest decision-making body of IORA. India has assumed the Vice Chair in the Indian Ocean Rim Association (IORA) for the next two years.
- The External Affairs Minister Dr, Subramanyam Jaishankar addressed the 23rd Council of Ministers and emphasized on India’s priority of creating an Indian Ocean community that is strong and resilient.
BANKING & FINANCE
Irdai to deploy Bima Vahak in every Gram Panchayat before end of 2024
Insurance Regulatory and Development Authority of India (IRDAI) to deploy Bima Vahaks in every Gram Panchayat before 31 December 2024, said the regulator in a circular.
- IRDAI released the guidelines for ‘Bima Vahaks (BV)’, with minor changes from the framework released in May 2023. As per the new guidelines, there is no restriction on the number of insurers a Bima Vahak is allowed to work with. IRDAI has removed the following clause, which appeared in the previous release: “work with only one life insurer, one general insurer and one health insurer and additionally where permitted by the Authority, with the Agriculture Insurance Company of India Ltd.”
BUSINESS & ECONOMY
Unemployment rate drops to 6.6% in urban areas in Q1
Urban unemployment rate in April-June, the first quarter of this fiscal, slid to 6.6 per cent, the quarterly bulletin of Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).
- Even though the unemployment rate for urban areas, which was at the lowest level since the launch of the PLFS bulletin in 2018, nearly 14 states recorded a higher urban unemployment rate than the national average.
- For males, the urban unemployment rate, based on current weekly status for persons above 15 years, declined to 5.9 per cent in the April-June quarter from 6.0 per cent in the previous quarter and 7.1 per cent in the year-ago period. For females also the unemployment rate eased to 9.1 per cent in April-June from 9.2 per cent in the previous quarter and 9.5 per cent in the year-ago period. Employment of both males and females, however, increased in self-employed categories such as own account worker, helper in household enterprise.
AWARDS
Tanzania President Dr Samia Suluhu Hassan conferred with Honorary Doctorate by JNU
Tanzania President Dr Samia Suluhu Hassan was conferred with an Honorary Doctorate by Jawaharlal Nehru University for her pivotal role in fostering stronger India-Tanzania relations. Speaking on the occasion, Dr Hassan expressed gratitude for the honour. She said, this honour will forever be etched in her memory as it is the first award to her in a foreign country.
- Speaking on the occasion, External Affairs Minister, Dr S Jaishankar said that it is a matter of great pride for India to confer the honorary doctorate on Tanzanian President Samia Suluhu Hassan from JNU. He said, education and capacity building are important facets of India – Tanzania ties.