Daily Current Affairs 6th & 7th August, 2023

Daily Current Affairs 6 & 7 August for Banking/Insurance/SSC and other related exams.

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Prime Minister launches Amrit Bharat Station Scheme in 13 railway stations in Karnataka
Prime Minister Narendra Modi launched the Amrit Bharat Station Scheme (ABSS) via video link to initiate the rejuvenation of 13 railway stations across the country.

  • Thirteen railway stations in Karnataka will get a facelift in the first phase of Indian Railways’ ambitious Amrit Bharat Station Scheme (ABSS).The 13 railway stations include Ballari, Ghatprabha, Gokak Road, Alnavar, Gadag, Koppal, Harihar, Arsikere, Mangaluru Jn., Wadi, Kalaburagi Jn. (Gulbarga) and Shahabad.
  • The South Western Railway (SWR) will develop six stations in the Hubballi division and two in the Mysuru division at a total cost of Rs 172.7 crore.
  • The Central Railway (CR) will upgrade three railway stations, and the South Central Railway (SCR) and the Southern Railway (SR) will do so for one each.

Bihar to constitute ‘Rhino Task Force’ for reintroduction of rhino conservation scheme in Valmiki Tiger Reserve
The Bihar government to constitute ‘Rhino Task Force’ for suggesting measures for the reintroduction of rhino conservation scheme in ‘Valmiki Tiger Reserve’ in West Champaran district. 

  • The state’s wildlife authorities have observed a substantial increase in the tiger population in VTR, prompting them to focus on reviving the rhino population in the region. 
  • Currently, there is only one rhino in VTR and 14 in Patna Zoo, but with the establishment of the ‘Rhino Task Force’, the authorities aim to bring back more rhino to the reserve.

Digital registry on organ transplants to streamline donations on cards
In an initiative aimed at regulating organ donation, the government is developing a digital registry on organ transplantation to smoothen the system and make it transparent.

  • The Organ Donation Registry is being developed by the National Health Authority (NHA) and the union health ministry following consultation with the NITI Aayog for an overhaul of the National Organ Tissue Transplantation Organization (NOTTO), which manages and coordinates organ transplantation across the country. 
  • This will help eliminate the presence of touts and middlemen. In the first phase, the registry is collecting pledges from people for their organ donation. One organ donor can save up to eight lives by donating the heart, two lungs, pancreas, two kidneys and intestine.


Iraq eliminates trachoma as a public health problem
Iraq has been officially recognized by the World Health Organization (WHO) as the 18th country to successfully eliminate trachoma as a public health concern. 

  • This achievement also marks Iraq as the fifth nation within the WHO’s Eastern Mediterranean Region to accomplish this milestone. Additionally, the WHO has acknowledged Iraq as the 50th country to eliminate at least one Neglected Tropical Disease (NTD) on a global scale. 
  • This accomplishment signifies a significant step towards the goal of having 100 countries achieve similar milestones by 2030, as outlined in the 2021-2030 NTD roadmap. This roadmap aims to address and combat 20 different diseases and disease groups through prevention, control, elimination, and eradication efforts.


FinMin imposes anti-dumping duty on optical fibre imports from China, Korea, Indonesia
The Finance Ministry has imposed a definitive anti-dumping duty on certain optical fibre imports from China, South Korea and Indonesia to give some relief to the domestic optical fibre industry reeling under the adverse impact of low-price and low-quality imports. 

  • Based on the recommendations of the Directorate General of Trade Remedies (DGTR), the revenue department has imposed an anti-dumping duty on dispersion unshifted Single-Mode Optical Fiber (SMOF) imports from China, South Korea and Indonesia. 
  • The anti-dumping duty ranges from $122 per kfkm to $857.23 per kfkm, with the commodity being traded in fkm (fibre kilometres).

World rice price index jumps to near 12-year high in July
As reported by the Food and Agriculture Organization (FAO), the FAO All Rice Price Index witnessed a 2.8 percent escalation in July compared to the preceding month, with an average value of 129.7 points. This comes as prices in key exporting countries jumped on strong demand and India’s move to curb the exports,

  • This reflects an approximate 20 percent surge from the same period in the previous year and marks the most elevated level observed since September 2011.
  • FAO warned that this upward pressure of rice prices “raises substantial food security concerns for a large swathe of the world population, especially those that are most poor and who dedicate a larger share of their incomes to purchase food.” 


SAI launches short movie series ‘Halla Bol’ on journey of Asian Games bound athletes
Sports Authority of India (SAI) under the Umbrella Campaign ‘Cheer4India’ has launched a short movie series ‘Halla Bol’ on the journey of Asian Games bound athletes to motivate them for Hangzhou Asian Games and spread awareness about the upcoming Asian Games.

  • SAI said that a total of 12 short movies will be showcased in the coming weeks. SAI highlighted that the initiative will not only motivate the athletes heading to Asian Games, but also youngsters of the country to take up sports. 


HDFC Bank’s Jagdishan highest paid bank CEO in FY23 with Rs 10.55cr pay
HDFC Bank’s Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in FY23, grossing over Rs 10.55 crore in overall pay.

  • Jagdishan’s colleague Kaizad Bharucha, the deputy managing director of the largest private sector lender, drew Rs 10 crore for the fiscal year and may be the second-highest grossing banker in the country, according to disclosures made in annual reports.
  • Among the bank CEOs, Axis Bank’s Amitabh Chaudhry’s Rs 9.75 crore payout was the second biggest and he was closely followed by Sandeep Bakhshi of bigger rival ICICI Bank, who drew Rs 9.60 crore for the fiscal year.
  • Uday Kotak, who holds over 26 per cent of Kotak Mahindra Bank, continued with his decision to take a token Re 1 as remuneration started in the pandemic, even in FY23.


India launches ‘Neerakshi’ – Autonomous Underwater Vehicle for mine detection
The AUV named ‘Neerakshi’ is a collaboration of Kolkata-based warshipmaker Garden Reach Shipbuilders and Engineers (GRSE) Ltd and MSME entity AEPL. An autonomous underwater vehicle (AUV) designed to detect mines and a first of its kind in the country was launched. 

  • Named “Neerakshi” meaning “Eyes in the Water” is first of its kind in the country and is expected to undergo user trials by the Indian Navy, Coast Guard, and Army before a commercial launch.
  • The 2.15m long AUV will have an endurance of nearly 4 hours and is capable of operating up to a depth of 300m.These AUVs once in operation by our Armed Forces, could play an important role in mine countermeasure operations and also make excellent reusable targets during Anti-Submarine Warfare (ASW) practices by warships.


13-year-old racing prodigy Shreyas Hareesh dies in crash at Chennai Circuit
Copparam Shreyas Hareesh, a 13-year old racing prodigy from Bengaluru, died after suffering grievous injuries in a fatal crash on the Madras International Circuit during the third round of the MRF MMSC FMSCI Indian National Motorcycle Racing Championship in Chennai. 

  • Born on July 26, 2010, Shreyas, a student of Kensri School in Bengaluru, was being hailed as a racing prodigy after winning several races at the National level, including four in a row, competing in the rookie category of the Petronas TVS One-Make Championship this season.

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