Daily Current Affairs 7th February, 2021

Daily Current Affairs 7 February 2021 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

Uttarakhand: Union Environment Ministry approves Lakhwar electricity project
Union Environment Ministry approved the Lakhwar electricity project on Yamuna river, informed a press release by Chief Minister Office (CMO).

• Apart from electricity generation, six states will also get irrigation and pure drinking water from this project. Its construction will provide 330 metric cusec meters of additional water.
• Due to this project, Uttarakhand will get 572.54 million units of electricity every year. With this, the availability of water in the Yamuna will also increase.
• The total cost of the Lakhwar power project is Rs 5747.17 crore, the central government will bear a total of 90 per cent on the irrigation and drinking water arrangements associated with this project. The remaining 10 per cent will be shared equally among the six states.

Assam’s first Heliport inaugurated in Majuli
To develop tourism infrastructure and attract foreign tourists, Assam chief minister Sarbananda Sonowal inaugurated state’s 1st Heliport and a Guest House in Majuli, the first river district of India.

• The heliport having facility for simultaneous landing of three helicopters was constructed with an expenditure of Rs 50 lakh under untied fund of the State government.

Education Ministry to name residential schools, hostels after Netaji Subhas Chandra Bose
The Ministry of Education has decided to name residential schools and hostels funded under Samagra Shiksha of the Ministry as Netaji Subhas Chandra Bose residential schools or hostels. 

• The association of these schools with Netaji Subhash Chandra Bose will act as an inspiration to the children and also motivate the teachers, staff and administration to enable them to achieve high standards of excellence.
• This will also help create awareness about the facility of these Residential Schools and Hostels in difficult areas and inspire these schools to achieve high standards of quality education.

Centre grants permission to raise additional five thousand 34 crore rupees through Open Market Borrowings to four states
Government said that four more states Assam, Haryana, Himachal Pradesh and Punjab have been granted permission to raise additional five thousand 34 crore rupees through Open Market Borrowings.

• The total number of States which have undertaken the stipulated reforms to facilitate ease of doing business has gone up to 12.
• Earlier, Andhra Pradesh, Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana had reported completion of this reform, which was confirmed by the Department for Promotion of Industry and Internal Trade.
• On completion of reforms facilitating ease of doing business, these twelve States have been granted additional borrowing permission of 28 thousand 183 crore rupees.

BANKING & FINANCE

Bharti AXA General Insurance has launched ‘Salute to Caregivers – Ek Naya Nazariya Campaign‘
Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, launched its unique campaign ‘Salute to Caregivers – Ek Naya Nazariya Campaign’
to support cancer survivors in the battle against the killer disease.

• Commemorating World Cancer Day, a global uniting initiative by the Union for International Cancer Control to raise worldwide attention and inspire action for a cancer-free future, Bharti AXA General Insurance believes that all caregivers – friends, family, and others – play a significant role to win the battle against cancer.
• Through this awareness drive, the company aims to engage with close to a million Indians on Facebook, Instagram, and LinkedIn and focuses on highlighting everyone’s role in achieving a cancer-free world.

SCIENCE & TECHNOLOGY 

Indian Navy receives 3 Mk III Advanced Light Helicopters from HAL
The Indian Navy received three “made in India” Advanced Light Helicopters (ALH) from the state-run Hindustan Aeronautics Ltd (HAL). The helicopters are customised for coastal security.

• These helicopters have latest generation avionics, indigenous low frequency dunking sonar, full glass cockpit with integrated architecture display system and the powerful Shakti engines.
• It also has a nose mounted surveillance radar with 270 degree coverage that can detect and track multiple marine targets. Its synthetic aperture radar and inverse synthetic aperture radar can detect targets on sea.

BOOKS & AUTHORS 

‘Whereabouts’, novel by Jhumpa Lahiri set to release 
Pulitzer prize-winning Jhumpa Lahiri will be coming out with a new novel in April, Penguin India announced.

• The new book, titled ‘Whereabouts’, follows Lahiri’s 2013 novel ‘The Lowland’ and 2006’s ‘The Namesake’.
• Written in Italian and translated into English by Lahiri, ‘Whereabouts’ is the story of a woman protagonist and her journey through life.

Vineet Bajpai’s latest novel, ‘1857 – The Sword Of Mastaan’ released 
Delhi-based publishing house, TreeShade Books, announced the release of their latest book 1857 – The Sword of Mastaan.

• This period drama cum historical thriller has been written by national bestselling author Vineet Bajpai.
• This is author Vineet Bajpai’s fifth fiction novel and eighth book overall

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