Current Affairs - Current News

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 was awarded to Ben S. Bernanke, Douglas W. Diamond, Philip H. Dybvig (all from the USA) “for research on banks and financial crises”.

• Together, the work for which Bernanke, Dybvig and Diamond have been recognised has also laid the foundation for modern bank regulations. Their work has been “crucial to subsequent research that has enhanced our understanding of banks, bank regulation, banking crises and how financial crises should be managed”.

The apex edible oil industry associations from five major palm oil importing countries in Asia have come together for the first time to form an alliance -- Asian Palm Oil Alliance (APOA).

• APOA was launched during the Globoil Summit at Agra on September 21. The summit is one of the World’s Leading Edible Oils and Agri Trade Conference, Exhibitions & Awards.

In a significant milestone, India has achieved landmark achievement in further reduction of child mortality rates.

• As per the Sample Registration System (SRS) Statistical Report 2020 released on 22nd September 2022 by Registrar General of India (RGI), the country has been witnessing a progressive reduction in IMR, U5MR and NMR since 2014 towards achieving the Sustainable Development Goals (SDG) targets by 2030.

On17th September, 2022, the government released the National Logistics Policy.

Vision

• To drive economic growth and trade competitiveness of the country through a truly integrated, seamless, efficient, reliable and cost-effective logistics network, leveraging best-in-class technology, processes and skilled manpower.

Recently, European Commissioner for Energy and India’s Minister for Power and Renewable Energy inaugurated the first EU-India Green Hydrogen Forum.

• The event was organized jointly by the Delegation of the European Union and the Ministry of New and Renewable Energy, in close cooperation with the Confederation of Indian Industry (CII) and Hydrogen Europe.

On 8th September 2022, NITI Aayog, in collaboration with World Resources Institute (WRI), India, launched the country’s first national electric freight platform – e-FAST India (Electric Freight Accelerator for Sustainable Transport – India).

• Supported by the World Economic Forum, CALSTART and RMI India, the platform brings different stakeholders together, from across the freight ecosystem.

The latest Global Estimates of Modern Slavery was published by the International Labour Organization (ILO), International Organization for Migration (IOM) and international human rights group Walk Free.

Major Findings

• In 2021, some 50 million people were living in modern slavery: 28 million in forced labour and 22 million in forced marriages.

Recently, three cities in India have joined the UNESCO Global Network of Learning Cities. These include two cities Thrissur and Nilambur in Kerala and Warangal in Telangana.

About the Cities

Thrissur - Cultural Capital of Kerala

• Popularly known as the cultural capital of Kerala, Thrissur is home to academic and research institutions. It is also known for its jewellery industry, especially gold.

On 5th September, 2022 (National Teacher’s Day), the Prime Minister announced a new initiative - PM SHRI Schools (PM ScHools for Rising India).

About the Scheme

• This will be a new centrally sponsored scheme for upgradation and development of more than 14500 Schools across the country by strengthening the selected existing schools from amongst schools managed by Central Government/ State/ UT Government/ local bodies.

The Ministry of Tribal Affairs and TB division of Ministry of Health and Family welfare organized a national conclave on 24th August at the National Tribal Research Institute (NTRI), New Delhi to disseminate the learnings of the 100-day Aashwasan Campaign under ‘Tribal TB Initiative’.

Tribal TB Initiative

• It is a joint initiative of the Ministry of Tribal Affairs and Central TB Division, Ministry of Health, supported by USAID as technical partner and Piramal Swasthya as implementing partner.