Current Affairs - Current News

The Prime Minister of India addressed the Cop26 Glasgow Summit on 1 November 2021.

He provided facts on India’s recent initiatives towards environment; proposed the world community to follow two unique movements to meet the climate goal; and also put forth India’s own targets in this regard. He also advocated for early climate finance for developing countries.

On 28th October 2021, Y 12704 (Visakhapatnam), the lead ship of Project 15B stealth guided missile destroyers being built at Mazgaon Docks Limited (MDL), was delivered to the Indian Navy.

• The contract for four ships of Project 15B, as the Visakhapatnam class ships are known, was signed on 28 January 2011.

"Dairy Sahakar" scheme was launched at Anand, Gujarat on 31st October 2021 during the function organised by Amul for celebration of 75th Foundation Year of Amul.

• The Dairy Sahakar with a total investment of Rs 5000 crore will be implemented by National Cooperative Development Corporation (NCDC) under Ministry of Cooperation, Government of India to realize the vision, “from cooperation to prosperity".

On 29th October 2021, India’s First Manned Ocean Mission ‘Samudrayan’ was launched at Chennai.

• With this, India joined the elite club of nations such as USA, Russia, Japan, France and China to have such underwater vehicles for carrying out subsea activities.

Defence Research and Development Organisation (DRDO) and Indian Air Force (IAF) team jointly flight tested indigenously developed Long-Range Bomb (LRB) successfully from an aerial platform on October 29, 2021.

• The LR Bomb, after release from the IAF fighter aircraft, guided to a land-based target at a long range with accuracy within specified limits.

The 7th Indian Navy Frigate of P1135.6 class was launched on 28 Oct 2021 at Yantar Shipyard, Kaliningrad, Russia.

The ship was formally named as ‘Tushil’ - a Sanskrit word meaning Protector Shield.

On 27th October 2021, a Surface to Surface Ballistic Missile (SSBM), Agni-5 was successfully tested at APJ Abdul Kalam Island, Odisha.

On 27th October 2021, the ‘G20 Climate Impacts Atlas’ was released by the Euro-Mediterranean Center on Climate Change (CMCC), the leading Italian research centre on climate change and National Focal Point for the IPCC that collates scientific projections of how climate impacts will play out in the world's richest countries over the coming years.

Major Findings

• The report finds that without urgent action to reduce carbon emissions, GDP losses due to climate damage in G20 countries increase each year, rising to at least four per cent annually by 2050.

On 26th October 2021, the United Nations Environment Programme (UNEP) has released ‘Emissions Gap Report 2021’.

• The Emissions Gap Report 2021: The Heat Is On - is the 12th edition in an annual series that provides an overview of the difference between where greenhouse emissions are predicted to be in 2030 and where they should be to avert the worst impacts of climate change.

On 25th October 2021, the UK COP26 Presidency released a Climate Finance Delivery Plan to provide clarity on when and how developed countries will meet the $100 billion climate finance goal.

Finer Points

• Based on the analysis from the Organisation for Economic Cooperation and Development (OECD), the delivery plan shows that developed countries will make significant progress towards the $100 billion goal in 2022, and provides confidence that it will be met in 2023.