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CURRENT AFFAIRS DETAILS

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1 Additive Manufacturing to facilitate advanced level of manufacturing efficiency, help capture new markets: Senior MeitY official

Embracing Additive Manufacturing (AM) would facilitate an advanced level of manufacturing efficiency and help capture new markets in many sectors, a senior official said on Thursday.

Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan, who inaugurated the first National Additive Manufacturing Symposium (NAMS) - 2024 here, also said that efforts should be made to connect the National Centre for Additive Manufacturing (NCAM), Hyderabad with various other organisations engaged in this emerging technology to develop machines, materials, software or products to develop a robust network.

21-Jun-2024 News in Details
2 Government aims 25% women workforce in Indian aviation by 2025

The Directorate General of Civil Aviation (DGCA) has issued an advisory to the stakeholders to increase the participation of women in the aviation workforce to 25% by 2025, as the government looks at ways to break gender bias and promote women empowerment in the country.

The industry estimates an average of 5-14% presence of women workers across various roles in the aviation sector of India, with the highest representation in the pilot category at 14%. In fact, there has been a significant upswing in the enrollment of women pilots in India in recent years. In 2023, a total of 1,622 commercial pilot licences (CPL) were issued in India, of which 294, or nearly a fifth, were issued to women. This is also 22% higher than 240 CPLs issued in 2022.

21-Jun-2024 News in Details
3 International Yoga Day: The Ultimate Purpose of Yoga

The International Day of Yoga (IDY) is an annual observance celebrated on June 21 since 2015. The word ‘Yoga’ is derived from the Sanskrit word ‘Yuj’ which means ‘to join’. Yoga is harmony. According to the Bhagavad Gita, ‘Samatvam Yoga Uchyate’, which means ‘Equanimity is Yoga’. Yoga helps in balancing the three fundamental Gunas (Tamas, Rajas and Sattva) in the human being.

It removes stress and helps to unify the mind, body and soul. According to ancient Bharatiya seers, Yoga helps to remove pain. It improves our health and keeps us peaceful and happy. Yoga prevents and cures diseases. Regular practice of yoga leads to better flexibility of the body and quickness in thinking ability.

Maharishi Patanjali is often regarded as the father of modern yoga, according to several theories. Patanjali’s Yoga Sutras are a compilation of aphoristic Sanskrit sutras on the philosophy and practice of ancient yoga. The sutras define the eight limbs of yoga, which teach us different facets of how to embody yoga (unity) in mind, body, and spirit. They are Yama, Niyama, Asana, Pranayama, Pratyahara, Dharana, Dhyana and Samadhi. Even if one limb is perfectly followed, other limbs will follow.

21-Jun-2024 News in Details
4 CERT-In And Mastercard India Forge MoU To Boost Cyber Security In Financial Sector

Indian Computer Emergency Response Team (CERT-In) and Mastercard India have signed MoU for collaboration in cyber security to enhance India’s cyber-resilience in the financial sector. The Ministry of Electronics and Information Technology said, two entities will leverage their shared expertise to strengthen the financial sector’s cybersecurity incident response.

Mastercard and CERT-In will hold training programs and workshops for cyber capacity building, latest market trends and best practices to enhance cyber security of financial sector organizations. The two entities will also share relevant cyber threat trends, technical information, threat intelligence, and vulnerability reports to strengthen the financial sector information security of India.

20-Jun-2024 News in Details
5 India Post Payments Bank joins forces with Ria Money Transfer to offer unique remittance services across Rural India

India Post Payments Bank (IPPB) has announced its partnership with Ria Money Transfer (Ria), global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. The ease of access brought by this collaboration will provide customers in remote areas across India with convenient and affordable doorstep financial services.

Sixty-five per cent of India’s population lives in rural areas with limited financial infrastructure. These families need to travel long distances to withdraw their international inward remittance money, leading to loss of wage, incur travel expense & they also get exposed to risk associated with cash in transit or storage at home as they have to withdraw entire amount altogether. The IPPB & Ria’s partnership will increase people’s access to banking services at their doorstep & help them withdraw only to the extent they need immediately, ensuring they get saved from the earlier hassles and risks, thereby experiencing financial inclusion in true sense, leading to their long-term economic growth.

Through this partnership, the Internationals Inward Money Transfer service will become available at more than 25,000 Post Office locations immediately with an expected reach to over 100,000 locations through the Post Offices. By combining IPPB’s reach through world’s largest postal network and esteemed reputation with Ria’s global network and extensive product offering, customers across India will be able to benefit from a fast, convenient and safe doorstep service no matter where they are.

20-Jun-2024 News in Details
6 ‘Yoga for space’ a conference to commemorate International Day of Yoga 2024

The Central Council For Research In Yoga And Naturopathy, in collaboration with Svyasa, Deemed to be University, orchestrated a Conference on “Yoga for Space” at S-Vyasa University, Bengaluru, in observance of International Day of Yoga 2024 with the theme “Yoga for Self & Society.”

The conference’s focus was on the convergence of experts from various fields to enhance society, including astronauts. The conference outlined the activities and challenges of IDY 2024, orchestrated by the Ministry of AYUSH for society, such as the “Yoga with Family” global video contest, YogaTech Challenges for innovative yoga ideas by Indian Start-ups, Yoga Quiz, Yoga Jingles, among others. These initiatives aim to raise awareness in society and promote vigorous yoga practice, recognizing that a healthy individual fosters a healthy society, as proclaimed by the theme of IDY 2024, said a release.

20-Jun-2024 News in Details
7 Cabinet approves ?2,869 crore for development of Varanasi’s Lal Bahadur Shastri International airport

The Union Cabinet has approved a proposal for a new passenger terminal at Varanasi’s Lal Bahadur Shastri International Airport, along with works related to the runway and apron extension.

The new passenger terminal will be built at an estimated cost of ₹2,869 crore, which will increase the airport’s passenger handling capacity from 39 lakh passengers per annum to 99 lakh passengers per annum and will be spread over 75,000 sq. m. The design will reflect the cultural heritage of the city.

The proposal also includes runway extension and an expanded apron to park 20 aircraft. A press statement from the government said that the Varanasi airport will be a green facility. This will be implemented through energy optimisation, waste recycling, solar energy utilisation, and other measures.

20-Jun-2024 News in Details
8 Cabinet approves development of Rs 76,200-crore greenfield major port at Vadhavan

The Union Cabinet on Wednesday approved the development of a Rs 76,200-crore all-weather greenfield deep draft major port at Vadhavan in Maharashtra, according to an official statement.

The statement said the project will be constructed by Vadhavan Port Project Limited (VPPL), an SPV formed by Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB), with a shareholding of 74 per cent and 26 per cent, respectively.

The port will be one of the top 10 ports in the world, it added.

20-Jun-2024 News in Details
9 Cabinet approves increase in MSP of 14 kharif crops for 2024-25 season

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved an increase in the minimum support prices (MSP) for all 14 kharif crops for the 2024-25 crop season that runs from July to June.

The increase means farmers will get around ₹2 trillion as MSP – ₹35,000 crore more than what they got in the previous season, Union railways minister Ashwini Vaishnaw said while briefing the media on the cabinet decisions.

20-Jun-2024 News in Details
10 Cabinet approves Viability Gap Funding scheme for implementation of offshore wind energy projects

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs 7,453 crore.

This includes an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and a grant of Rs 600 crore for the upgradation of two ports to meet logistics requirements for offshore wind energy projects.

An official release said that the VGF scheme is a major step towards implementation of the National Offshore Wind Energy Policy notified in 2015 with an aim to exploit the vast offshore wind energy potential that exists within the exclusive economic zone of India.

20-Jun-2024 News in Details