24.11.21 Daily UKPSC Current Affairs

 

UTTARAKHAND

 

Benefit of Govt welfare schemes should reach beneficiary in time: CM

 

hief Minister Pushkar Singh Dhami has said that the banks should ensure that the benefit of Government schemes is received by people in time and they are not forced to make rounds of the offices. He also directed that strict action should be taken against those who put unnecessary objection on the applications of loans. Dhami was presiding over a review meeting of self employment schemes at state secretariat.

 

On a terse note he said that the loan targets of different schemes for the year should be completed before December 15. He said that the bankers and the officers of departments concerned should work in tandem to achieve target. The CM directed that the district magistrates should undertake weekly reviews of the loans given under different schemes. Dhami said that the people should be made aware about various welfare schemes of union and state governments and they should know about the loan available under these schemes. He suggested that the DMs and Bank officers should start a campaign and ensure that the problem associated with loans are solved on the spot in the special camps.

 

In the meeting the CM directed the officers that the targets under the Mukhyamantri Swarojgar Yojana (MSY) should also be completed in time. He said that the DM concerned should do regular monitoring of the loans approved under the MSY. Dhami reviewed the progress of National Rural Livlihoods Mission (NRLM), Veer Chandra Singh Garhwali Swarojgar Yojana, Home stay, special component plan, PM Mudra Yojana, National Urban Livlihoods Mission (NULM); stand up India, PM Swanidhi and MSY on the occasion.

 

INTERNATIONAL

 

World Investor Week

 

The BSE and NSE stock exchanges kicked off the celebrations of “World Investor Week 2021,” a worldwide recognised event. Several educational activities will be held as part of the event.

 

World Investor Week (WIW) is being held by Central Depository Services (India) Ltd (CDSL) from November 21 to November 28, 2021, under the auspices of SEBI and the International Organization of Securities Commissions (IOSCO).

WIW is a week-long international festival organised by the IOSCO. It is celebrated all throughout India to promote awareness about the significance of investor education and protection.

Market infrastructure institutions (MIIs) including stock exchanges, clearing organisations, and depositories will hold instructional events throughout the week-long celebrations.

 

The National Stock Exchange (NSE) participated in ‘Ring the Bell for Financial Literacy’ to raise awareness about the need for investor education and protection.

 

Trade Policy Forum Revived By India – the US

 

India and United States have decided to revive the Trade Policy Forum after four years.

Highlights:

In addition to reinstating the Commerce Policy Forum after four years, India and the US have agreed to look into ways of addressing disputes on matters such as market access and digital trade.

This deal was reached at the outset of U.S. Trade Representative Katherine Tai’s two-day visit.

Negotiators from both nations laboured for more than a year to reach an agreement on a trade package, as India and the United States clashed over issues such as tariffs.

It is overseen by a delegate from each country. The purpose of this initiative was to increase bilateral trade and investment flows.

After four years, India and the United States have decided to resurrect their Trade Policy Forum.

 

La Nina Weather Event Begins – Australia

 

On November 23, 2021, Australia’s weather bureau announced that a La Nina weather phenomenon had formed in the Pacific Ocean for the second year in a row.

Highlights:

This phenomenon will deliver above-average rainfall to central, north, and east Australia as it develops.

This event has the potential to increase wheat production in Australia.

Because of favourable weather, India upped its wheat projection for this season by 17% to near-record levels in September 2021.

According to climate projections, the La Nina trend will be short-lived this year, lasting until late summer or early fall in the southern hemisphere in 2022.

 

NATIONAL

 

Indira Gandhi Peace Prize

 

The Indira Gandhi Peace Prize 2021 has been given to Pratham NGO for its efforts to broaden the scope of education in India.

Highlights:

Pratham NGO was given the Indira Gandhi Prize for Peace, Disarmament, and Development for 2021 for,its pioneering efforts in ensuring that every child has access to quality education for more than a quarter-century.

Its creative application of digital technologies to offer education.
Its frequent examination of educational quality.

Its quick reaction in encouraging youngsters to learn despite the limits imposed by Covid-19.

 

The Indira Gandhi Peace Prize is a prominent honour given out every year. Indira Gandhi, the previous Prime Minister of India, was the inspiration for the name.

 

Cryptocurrency and Regulation of Official Digital Currency Bill, 2021

 

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is expected to be taken up for final consideration and passing during the winter session of the parliament, which is scheduled to start from November 29, 2021.

 

The bill seeks to prohibit all private cryptocurrencies in India, with some exceptions.

 

This bill is among 26 new Bills, out of total of 29 Bills in the government’s legislative agenda.

With Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, government seeks to create a facilitative framework for creation of official digital currency that will be issued by the Reserve Bank of India.

 

Cryptocurrency is the collection of binary data, that works as a medium of exchange. Cryptocurrency does not exist in physical form. It is not issued by a central authority and use decentralized control.

 

NITI Aayog launches SDGs Urban Index 2021-22

 

NITI Aayog launched “Sustainable Development Goals (SDGs) Urban Index and Dashboard 2021-22”. Shimla has topped the list of cities by scoring highest on the index.

 

Coimbatore and Chandigarh have been ranked at second and third position.

Thiruvananthapuram, Panaji, Pune, Kochi, Tiruchirappalli, Ahmedabad and Nagpur are among top 10 cities on the index.

 

SDG Urban Index & Dashboard

 

The SDG Urban Index & Dashboard (2021-22) was launched by NITI Aayog on November 23, 2021. It ranks 56 urban areas on 77 SDG indicators across targets like zero hunger, ending poverty, quality education, good health and wellbeing, gender equality etc in the SDG framework. The index and dashboard will help in strengthening SDG localization as well as institute robust SDG monitoring at the city level. The index highlights strengths and gaps of ULB-level data, monitoring as well as reporting systems.

 

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