Daily Current Affairs 19th September, 2023

Daily Current Affairs 19 September for Banking/Insurance/SSC and other related exams.

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NATIONAL NEWS

New Parliament building designated as Parliament House of India
The new Parliament building has been designated as the Parliament House of India, a Lok Sabha Secretariat notification said.

  • The Speaker, Lok Sabha is pleased to notify the new building of Parliament situated in the precincts of the Parliament House on Plot Number 118, New Delhi, east of the existing Parliament House with Raisina road to the south and Red Cross road to the north, to be, hereon, designated as the Parliament House of India.

Arunachal Pradesh CM Pema Khandu announces rollout of ‘Mukhya Mantri Shramik Kalyan Yojana’
Arunachal Pradesh Chief Minister Pema Khandu has announced the rollout of a new scheme titled ‘Mukhya Mantri Shramik Kalyan Yojana’ for the welfare of the labour force of the state. Mr. Khandu said that incentives for workers registered with the Arunachal Pradesh Building and other Construction Workers Welfare Board have been revised in this scheme.

  • Under the scheme, maternity benefit for families of workers has been enhanced from 1,000 rupees to 6,000 rupees; natural death compensation from 50,000 rupees to 2 lakhs rupees and accidental death compensation from 1 lakh rupees to 4 lakh rupees.

Over Rs 2300 Cr Allocated for Education of SC, OBC Students since 2014 Under SHREYAS Scheme: Centre
In recent years, the Indian government has taken substantial strides towards inclusive and equitable education. One noteworthy initiative in this direction is the Shreyas Scheme, which has been instrumental in empowering thousands of students from the Scheduled Caste (SC) and Other Backward Classes (OBC) communities. Since its inception in 2014, this scheme has allocated over 2300 crore rupees towards the education of these underprivileged sections of society.

  • Scholarships for Higher Education for Young Achievers Scheme- SHREYAS has benefitted over 21,000 SC students to pursue higher education.
  • The umbrella scheme of “SHREYAS” which comprises 4 central sector sub-schemes namely “Top Class Education for SCs”, “Free Coaching Scheme for SCs and OBCs”, “National Overseas Scheme for SCs” and “National Fellowship for SCs”. Since all these sub-schemes are central sector schemes, state-wise data is not maintained for these schemes.


BANKING & FINANCE

SBI to send chocolates to borrowers who are likely to default on repayments
The nation’s largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates.

  • The move, aimed at ensuring better collections, comes amidst rising level of retail lending in the system coupled with increasing delinquency levels on the back of the upward movement in the interest rates.
  • SBI’s retail loan book grew over 16.46 per cent to ₹12,04,279 crore in the June 2023 quarter from ₹10,34,111 crore in the year-ago period, making it the largest asset class for the lender whose total book stood at ₹33,03,731 crore, growing at 13.9 per cent on-year.


BUSINESS & ECONOMY

S&P Global revises India’s FY24 growth forecast upwards to 6.6%
S&P Global Market Intelligence announced that India’s growth prediction for FY24 was raised upward to 6.6 per cent on the strength of strong growth in the April-June quarter, according to a report.

  • This represents a significant change from the 5.9 per cent growth the analytics company predicted in August. However, compared to 5.1 per cent in August, the inflation rate was forecast to grow sharply to 6 per cent in 2023, touching the upper band goal range set by the RBI.
  • India’s economic growth momentum was buoyant in the April-June quarter, growing at a pace of 7.8 per cent year-on-year, supported by robust growth in domestic demand.


SPORTS

Sweden’s Duplantis breaks own pole vault world record
Swedish athlete Armand Duplantis broke his own pole vault world record, clearing 6.23 meters in the Stockholm Diamond League final. The previous record was 6.22 meters, which was also set by the 23-year-old in France in February of this year.

  • EJ Obiena of the Philippines finished second with 5.82 meters, while the US-based athlete Sam Kendricks placed third with 5.72 meters.

Indian Oil becomes title sponsor of MotoGP Bharat
Indian energy giant Indian Oil has taken on the title sponsorship of the edition of MotoGP Bharat, the first-ever grand prix in India, which will be held at the Buddh International Circuit in Greater Noida from September 22 to 24.

  • 42 teams and 84 riders will compete in the MotoGP, Moto2, and Moto3 categories at the MotoGP Bharat, which is being staged by Fair Street Sports in collaboration with Dorna Sports. Francesco Bagnaia, Marc Marquez, Marco Bezzecchi, Brad Binder, Jack Miller, and Jorge Martin are notable riders.

Indian shooter Elavenil Valarivan wins Gold medal in women’s 10 metre air rifle event at ISSF World Cup
Indian shooter Elavenil Valarivan has won the gold medal in the women’s 10 metre air rifle event at the ISSF World Cup 2023 in Rio de Janeiro, Brazil.

  • Olympian Elavenil Valarivan shot 252.2 from her series of 24 shots in the final and narrowly beat France’s Oceanne Muller. A total of eight shooters qualified for the final. This was Elavenil Valarivan’s second individual ISSF World Cup medal.
  • The ongoing event in the Brazilian city will be followed by the finals in Doha, Qatar, scheduled from November 18 to 27. India have sent a 16-member squad for the ISSF World Cup.


AWARDS

Journalists and litterateurs of 18 Indian languages honoured with Bharatiya Bhasha Samman 2023
Journalists and litterateurs of 18 Indian languages were honoured with Bharatiya Bhasha Samman 2023 during the Bharatiya Bhasha Samman Diwas program organized by the multilingual news agency Hindusthan Samachar on the occasion of Hindi Diwas.

  • Hitesh Shankar, editor of ‘Panchjanya’, Dr. K., senior journalist for Telugu language Vikram Rao, senior journalist Shri Ram Joshi for Marathi, Padmashree Dr. Vishnu Pandya for Gujarati, senior journalist Dr. Bhai Paramjit Singh for Punjabi, Dr. Suman Chandra Das for Bengali, Arun Jyoti Bora for Assamese, and Dilli Ram for Nepali.Dular and Kamal Kishore Khatri of Sindhi were honored.
  • Similarly, senior journalist Kavalam Sasikumar was honoured. Earlier, senior campaigner of Rashtriya Swayamsevak Sangh and former patron of Hindusthan Samachar, Lakshmi Narayan Bhala, while promoting the theme of ‘Panch Pran’ Indian Languages and Prosperous India, said that the Panch Pran is clear from its very wording that the country is first.

UNESCO approves Hoysala Temples of Karnataka as new World Heritage Sites
The unique architectural marvels of Karnataka, the 12th century Hoysala era temples of Belur, Halebidu and Somanathapura in Hassan and Mysuru districts were recognized as the UNESCO World Heritage Site: 42nd in India and fourth site in Karnataka to get the world heritage tag.

  • The ‘Sacred Ensembles of the Hoysals’ often described as ‘Poetry carved in Stone’ at the global level was recommended by the Centre’s ministry of culture as India’s latest nomination for consideration as a World Heritage Site for the year 2022-23.
  • The 45th session of the World Heritage Committee of UNESCO which met in Riyadh, Saudi Arabia approved India’s recommendation of the ‘Sacred Ensembles of the Hoysals’ comprising three temples — Channakeshava temple at Belur, Hoysalesvara Temple in Halebidu in Hassan district and Kesav temple at Somanathpur of Mysuru district as the latest addition to the list of World Heritage Sites.


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