Daily Current Affairs 11 January 2021 for Banking/Insurance/SSC and other related exams.
Union Education Minister inaugurates two-day Virtual International Akhand Conference ‘EDUCON-2020’
Union Education Minister Dr. Ramesh Pokhriyal ‘Nishank’ inaugurated the two-day Virtual International Akhand Conference ‘EDUCON 2020’ through a video the conferencing platform.
- This two-day International Conference is being organized by Central University of Punjab, Bathinda (CUPB) in collaboration with the Global Education Research Association (GERA).
- The focal theme of EDUCON-2020 is Envisioning education for Transforming Youth to Restore Global Peace.
- This will be the first of its kind of conference in India where scholars across the world would be continuously exploring the possibilities of use of ICT in the higher education to promote the equitable quality education in India.
India signs Rs 2,113 crore loan pact with Japan to support COVID-19 relief efforts
The Indian government signed a loan agreement of Rs 2,113 crore with Japan for funding India’s efforts to provide social assistance to the poor and vulnerable households impacted by the COVID-19 pandemic.
- The agreement was signed between Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs and Katsuo Matsumoto, Chief Representative, JICA, New Delhi.
Centre sanctions Rs 37.8 crore for facelift of Parshuram Kund in Arunachal
The Centre has sanctioned Rs 37.87 crore for the facelift of Parshuram Kund pilgrimage site in Arunachal Pradesh’s Lohit district.
- Parshuram Kund is one of the most sacred places in the country which is visited by a large number of pilgrims throughout the year and thousands of people take a holy dip in the Lohit river during Makar Sankranti.
Bangladesh The Focus Country At IFFI 2021
Bangladesh is the focus country at the 51th edition of the International Film Festival of India (IFFI) this year.
- IFFI, which takes place in Goa from November 20-28 every year, was postponed due to the coronavirus pandemic and will now be held from January 16 to January 24 in a “hybrid” format.
- Four films from Bangladesh, including “Jibondhuli” and “Meghmallar” set against the backdrop of the 1971 Liberation War, will be screened at the upcoming film gala as part of the package. The country recently commemorated the 50th anniversary of its creation. Country in Focus is a special segment that recognises the cinematic excellence and contributions of the country.
BANKING & FINANCE
Universal Sompo General Insurance Company Ltd partners with Jammu & Kashmir and Ladakh Finance Corporation
Universal Sompo General Insurance Company Limited ties up with Jammu & Kashmir and Ladakh Finance Corporation.
- Jammu & Kashmir and Ladakh Finance Corporation partnership with Universal Sompo shall add value to customers by means of comprehensive insurance covers at competitive prices.
BUSINESS & ECONOMY
WTO lauds India for 7.4% growth in last 5 years, improved per capita income
The World Trade Organisation (WTO) lauded India for clocking 7.4% economic growth in the past five years and for steps taken in liberalising foreign direct investment policy and improving ease of doing business.
- A report issued by WTO Secretariat during India’s seventh Trade Policy Review (TPR) noted that strong economic growth led to an improvement in socio-economic indicators, such as per-capita income and life expectancy in India.
- The report further said that India’s trade policy remained largely unchanged since the previous review.
ACQUISITIONS & MERGERS
CCI approves Manipal Health’s 100% acquisition of Columbia Asia Hospitals
The Competition Commission of India (CCI) gave its approval to Manipal Health Enterprises Pvt Ltd (MHEPL) for the acquisition of 100% shareholding in Columbia Asia Hospitals Pvt Ltd.
- The development comes after the Bengaluru-based MEHPL had entered into a share purchase agreement with the US-based hospital chain in October last year. The deal was valued at Rs 2,100 crore.
- The focus is to develop an affordable, high quality healthcare framework through its multi-specialty and tertiary care delivery spectrum and further extend it to homecare.
SCIENCE & TECHNOLOGY
ISRO to adopt 100 Atal Tinkering Labs across country to promote education
Indian Space Research Organisation, ISRO will adopt one hundred Atal Tinkering Labs across the country to promote education in the field of Space Education and Space Technology related innovations for school students.
- The collaboration between NITI Aayog and Indian Space Research Organization is one of the prime examples of such effort.
- An Atal Tinkering Lab provides a makerspace where young minds can give shape to their ideas through hands on do-it-yourself mode and learn innovation skills.
Manipur Forest Department launches Website with German assistance
Forest, Environment and Climate Change Minister Awangbow Newmai launched website for the Community-based Sustainable Forest Management for Water Resource Conservation in Manipur (COSFOM) www.cosfom.mn.gov.in at the main conference hall, Forest Headquarters, Sanjenthong.
- COSFOM is a component under the Indo-German Programme ‘Climate Change Adaption in the Himalaya’ with a focus on sustainable community forestry, soil and water conservation.
- A project of the Government of India supported by the Federal Government of Germany through KfW, a German development bank in Frankfurt with Manipur Forest Department as the executing agency and managed by the Community Forestry and Water Conservation Society-Manipur (CF & WCS).
Pulitzer Prize-winning author Neil Sheehan passes away
Neil Sheehan, a reporter and Pulitzer Prize-winning author who broke the story of the Pentagon Papers for The New York Times and who chronicled the deception at the heart of the Vietnam War in his epic book about the war, died. He was 84.
- Sheehan served as a war correspondent for United Press International and then the Times in the early days of U.S. involvement in the Vietnam War in the 1960s.
- As a national writer for the Times based in Washington, Sheehan was the first to obtain the Pentagon Papers, a massive history of U.S. involvement in Vietnam ordered up by the Defense Department.
Senior journalist Turlapati Kutumba Rao passes away
Senior Journalist, noted orator and Padma Shri recipient Turlapati Kutumba Rao passed away at a private hospital. He was 87.
- Mr. Rao had worked as editor and editorial writer of Telugu newspaper Andhra Jyothi for close to three-and-a-half decades. He won laurels for translating into Telugu the speeches of many national leaders and stalwarts.
- Mr. Rao had addressed a record number of public meetings, which earned him a slot in the Guinness Book of World Records. He authored biographies of several important people, patriots and freedom fighters.
BOOKS & AUTHORS
Manipur Governor releases Konsam Himalay’s book – “Making of a General – A Himalayan Echo”
Manipur Governor Dr. Najma Heptulla released a book titled “Making of a General – A Himalayan Echo” authored by (Redt) Lt. Gen. Konsam Himalay Singh, PVSM, UYSM, AVSM, YSM through virtual mode at Durbar Hall of Raj Bhavan, Imphal.
- Lt. Gen. Konsam Himalay Singh’s book conveys his dream and his views. The fact that his book is sought after is an indication that he has indeed ignited India’s young and thinking minds with his dream and his message.
Modi India Calling-2021: New book chronicling PMs foreign tours, released
The book, titled “Modi India Calling – 2021“was released by Delhi BJP president Adesh Gupta at the Press Club of India on the eve of the 16th Pravasi Bharatiya Divas (PBD).
- A coffee table book filled with over hundreds of photographs of Prime Minister Narendra Modi from his “107 overseas and bilateral visits.
- The 450-page book has been published by Maneesh Media.
World Hindi Day
World Hindi Day or Vishwa Hindi Diwas is celebrated on January 10 every year to mark the importance and fascinating history of Hindi.
- The day was observed as on this day in 1975, India’s former Prime Minister Indira Gandhi inaugurated the first World Hindi Conference.
- The basic aim of observing this day is to promote the Hindi language worldwide.