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Forum IAS RED BOOK Mains 2021 Indian Society [GS – 1] PDF

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1)  Indian Navy Day : Celebrate The Achievements 04 December

•In India, December 4 is observed as the National Navy Day every year, to celebrate the achievements and role of the naval force to the country. The theme of Indian Navy Day 2021 is ‘Swarnim Vijay Varsh’ signifying 50 years of India’s victory in the Indo-Pakistan war that took place in 1971.

2)  International Day of Banks: 04 December

•International Day of Banks is celebrated on December 4 to recognise the importance of multilateral and international development banks in financing sustainable developments. United Nations also observes the day in recognition of the vital role of banking systems in Member State in contributing to the improvement of the standard of living.

3)  World Cooperative Monitor report 2021: IFFCO ranks first

•The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been ranked ‘number one Cooperative’ among the top 300 cooperatives in the world. The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita. It signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation. The 2021 edition of the 10th Annual World Cooperative Monitor (WCM) report, withholding its position from the 2020 edition.

4)  OECD projected India growth forecast to 9.4% for FY22

•Paris-based Organisation for Economic Co-operation and Development (OECD) decreased India’s growth forecast to 9.4% for FY22 from 9.7% estimated in September 2021. It has projected the Indian economy to grow at 8.1% in FY23, and moderate to 5% in FY24. OECD lowered the global growth forecast for 2021 to 5.6% from 5.7% earlier.

•According to OECD, low-skilled domestic migrants and urban workers, who faced the brunt of employment shocks in both waves of the pandemic in India, have yet to see their earnings return to pre-pandemic levels.

5)  Pradip Shah appointed as Chairman of National Asset Reconstruction Company

•Pradip Shah, the founder of IndAsia Fund Advisors, has been appointed chairman of the National Asset Reconstruction Company (NARCL). Shah, an MBA from Harvard and chartered accountant, is credited for establishing India’s first and largest housing finance company, HDFC, and rating firm Crisil.

•While Aditya Birla Asset Reconstruction Company managing director Sanjay Jain will be the chief executive of India Debt Resolution Company (IDRCL), the privately-owned asset management company (AMC) mandated to resolve bad loans acquired by NARCL.

6)  Ratan Tata to get Assam’s highest civilian award

•On the occasion of Assam Divas, the state government of Assam has decided to accolade renowned industrialist Ratan Tata with the ‘Asom Bhaibav’ award, the highest civilian state award for his contribution to cancer care in the state. The awards that precede it are Asom Saurav, followed by Asom Gaurav. With healthcare as one of its top priorities, the Assam government is showing its appreciation towards Tata’s push to cancer care in the region.

•The Tata Trust, in collaboration with the Assam government, had decided to set up 19 cancer care units during the ‘Advantage Assam – Global Investment Summit’ in 2018 and an MoU had been signed between the Assam government and Tata Trusts. The hospitals were to be set up on a three-tier system and constructed under the divisions L1, L2 and L3, which signified the standard of care that would be provided by them. Ratan Tata had laid the foundation stone for the cancer care units in the state.

7)  India will have nine nuclear reactors by 2024

•The nation will have nine nuclear reactors by 2024 and a new nuclear project, the first in northern India, will come up 150 kms away from Delhi in Gorakhpur of Haryana, the government informed the Rajya Sabha. By 2024, India will have nine nuclear reactors plus 12 new additional ones which were approved during the Covid times with a capacity of 9000 MW.

•The minister said that nuclear energy will soon emerge as one of the most important sources of alternative or clean energy for the increasing power demand of the country. India is counting on its nuclear program to help meet its Paris climate commitments to reduce the emissions intensity of its economy by a third from 2005 levels by 2030.

8)  Earth Station of Doordarshan Kendra inaugurated in Gorakhpur

•Union Minister of Information and Broadcasting Anurag Singh Thakur and Uttar Pradesh Chief Minister Yogi Adityanath inaugurated Earth Station of Doordarshan Kendra at Gorakhpur. Three FM stations of All India Radio were also inaugurated virtually on the occasion. This will be the second earth station of Doordarshan in Uttar Pradesh and it is being built at a cost of Rs.7 crore.

📰 Bills seeking to extend tenures of ED, CBI chiefs introduced in Lok Sabha

VISION IAS Mains 2021 Society Printed Notes PDF

1)  World Day of the Handicapped : 3rd December 2021

•World Handicapped day also known as the International Day of Persons with disabilities is observed every year on 3rd December globally. The day is marked and observed to support critical issues which are related to the inclusion of persons with disabilities. The IDPWD day was proclaimed in 1992 by the United Nations General Assembly.

•The theme of the World Day of the Handicapped 2021 is the Leadership and participation of persons with disabilities. The day is celebrated to promote the rights and well-being of persons with disabilities in all spheres of society and development, and to increase awareness of the situation of persons with disabilities in every aspect of political, social, economic and cultural life.

2)  Hornbill Festival celebrated in Naga Heritage village Kisama

•The biggest cultural extravaganza of Nagaland, the Hornbill Festival has kicked off with colorful renditions of traditional music, dances, and contemporary in one roof at Naga Heritage village Kisama. It is the 22nd edition of the Hornbill festival and will be celebrated in 6 districts of Nagaland. More than 282,800 people visited the festival during the 20th edition in 2019, including over 3,000 foreign tourists and at least 55,500 domestic visitors.

•This year’s edition of Nagaland’s iconic Hornbill Festival, widely hailed as the “festival of festivals”, will be held in its traditional format, starting on December 1 after it was held virtually last year due to the Covid-19 pandemic. The opening ceremony culminated with the flight of the Hornbill- A musical presentation by Task Force for Music and Arts Nagaland.

3)  Troika : India joined the G20 ‘Troika’ with Indonesia and Italy

•India has joined ‘G20 Troika’ and will work closely with Indonesia and Italy to ensure consistency and continuity of G20’s agenda. Apart from India, Troika consists of Indonesia and Italy. India will assume G20 Presidency in December 2022 from Indonesia and will convene the G20 Leaders’ Summit for the first time in 2023. Troika refers to the top grouping within G20 that consists of the current, previous, and incoming presidencies (Indonesia, Italy and India).

4)  Bihar won Gold Medal Award at 40th edition India International Trade Fair

•Union Commerce and Industry Minister, Piyush Goyal has inaugurated the 40th edition of the India International Trade Fair (IITF) 2021 at Pragati Maidan in Delhi. It was organized by the India Trade Promotion Organisation with ‘Aatmanirbhar Bharat’ as the theme and to further promote the idea of ‘Vocal for Local’. Bihar is the partner state for the 40th IITF and the focus states are Uttar Pradesh and Jharkhand.

•The Bihar pavilion won the 6th gold medal by showcasing the state’s art and cultural richness through handicrafts like Madhubani, Manjusha arts, terracotta, handlooms, and other indigenous products of the state at IITF 2021. Piyush Goyal listed five pillars of India as Economy, Exports, Infrastructure, Demand, and Diversity.

5)  Sambit Patra named as chairman of India Tourism Development Corporation

•Sambit Patra has been appointed as the chairman of India Tourism Development Corporation (ITDC) by the Appointments Committee of the Cabinet. IAS officer, G. Kamala Vardhana Rao will hold the post of managing director of ITDC. The India Tourism Development Corporation is a hospitality, retail, and education company owned by the Government of India, under the Ministry of Tourism. Earlier, Patra had served as an independent Director of ONGC.

•Appointment of Dr Sambit Patra as Part-Time Non-Executive Director & Chairman of ITDC for a period of three years from the date of assumption of charge, or until further orders, whichever is earlier.

6)  Bangladesh, US kick off bilateral exercise CARAT

•US military personnel and Bangladesh Navy (BN) began the 27th annual Cooperation Afloat Readiness and Training (CARAT) maritime exercise virtually from 1 December in the Bay of Bengal. The nine-day exercise focuses on a wide range of naval capabilities and includes cooperative actions that demonstrate the US and Bangladesh’s capacity to work together to ensure a free and open Indo-Pacific.

7)  Gita Gopinath to replace Okamoto as IMF’s No. 2 official

•International Monetary Fund Chief Economist, Gita Gopinath is set to take over from Geoffrey Okamoto as the institution’s No. 2 official. It is going to be a historic movement when International Monetary Fund has the female at its first two leading positions. The IMF has done some changes in the roles and responsibilities of the fund’s senior management team. In which they introduced deputy managing director for the first time and it is gone to the first female named Indian born economist Gita Gopinath.

•The move comes as a surprise because Gopinath, the first woman to serve as the IMF’s chief economist, had said in October she planned to rejoin Harvard University in January to retain her tenured facility post after three years of public service.

8)  Himachal Pradesh Police honoured with ‘President’s Colour’ award

•Himachal Pradesh Police has conducted the ‘President’s Colour Award’ ceremony at Shimla’s historic Ridge Ground. The Governor bestowed the ‘President’s Color Award’ to the State Police on this occasion. Director-General of Police Sanjay Kundu received the award on the behalf of state police. The Chief Guest was Governor Rajendra Vishwanath Arlekar, while Chief Minister Jai Ram Thakur was also there as a special guest. Himachal Pradesh Police is India’s eighth state police force to receive this honour.

9)  India-ITU joint CyberDrill 2021 for Indian entities

•International Telecommunication Union (ITU) and the Department of Telecommunications operating under the Ministry of Communications conducted a Joint Cyber Drill 2021. The cyber drill was conducted for the Critical Network Infrastructure operators of India. The Critical Network Infrastructure are the systems, assets and networks that are essential to ensure the security of a country.

10)  RBI superseded Reliance Capital board & appoints Nageswar Rao as administrator

•Reserve Bank of India (RBI) superseded the Board of Directors of Reliance Capital Ltd (RCL), a Non-Banking Financial Company (NBFC), by exercising its power conferred under Section 45-IE (1) of the RBI Act, 1934. RCL is promoted by Anil Dhirubhai Ambani’s Reliance Group. In this regard, the apex bank has appointed Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) as the Administrator of the company under Section 45-IE (2) of the RBI Act. The reason behind this is the defaults made by RCL for various debt obligations payments and serious governance concerns.

•The Central Bank will also apply to the National Company Law Tribunal (NCLT) for appointing the administrator as the Insolvency Resolution Professional. Reliance Capital will become the third non-banking financial company to go under the insolvency procedure after DHFL and Srei Group companies. A part of Anil Dhirubhai Ambani Group, Reliance Capital has repeatedly failed to repay its debt obligations.

11)  Anju Bobby George : Crowned Woman of the Year by World Athletics

•Legendary Indian athlete, Anju Bobby George has been bestowed with the Woman of the Year Award by World Athletics for grooming talent in the country and for her advocacy of gender equality. In 2016, she formed a sports academy for young girls. Through this, she has helped India advance in sports and also inspire more women to follow in her footsteps. She is also presented with the award for advocating gender equality. Anju, the only Indian to have won a medal in the World Championships with a long jump bronze in the 2003 edition.

VISION IAS Mains 2021 Indian Economy Printed Notes in Hindi PDF

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