Daily Current Affairs, 28th May 2022 - VISION

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Saturday, May 28, 2022

Daily Current Affairs, 28th May 2022

 


1)  Rajnath Singh approves new Defence Estates Circle for Uttarakhand

•Union Defence Minister Rajnath Singh has approved the proposal for the creation of a new Defence Estates Circle exclusively for Uttarakhand. In view of the difficulties faced in managing large tracts of defence land in the state and the demand of cantonment residents in Uttrakhand, the MoD will establish an independent office of Defence Estates at Dehradun and a sub-office at Ranikhet.


•The establishment of the new Defence Estates Circle for Uttarakhand is a huge step forward in bringing the government closer to the people in keeping with the objective of ‘ease of living and ‘ease of doing business.


2)  3rd Global Organic Expo 2022 starts in New Delhi

•3rd Global Organic Expo 2022 is poised to be a major platform for Organic Producers, Aggregators, Processors, Value Chain Integrators, and the Industry Partners by offering Global level conference, with an apt theme “Profitability for Humanity”. More than 200 organic products and service companies participated in the previous events. It offers a great opportunity for showcasing the work in the field of organics to the world.


3)  Jitendra Singh inaugurates India’s first ‘Lavendar Festival’ in Bhaderwah

•Union Minister Dr Jitendra Singh has inaugurated the country’s first ‘Lavendar festival’ at Jammu’s Bhaderwah where the cultivation of lavender has transformed the economy of the mountainous area. Bhaderwah in the Doda district is the birthplace of India’s purple revolution. The minister described Bhaderwah in the Doda district as the birthplace of India’s purple revolution.


4)  Rajasthan adopts revised criteria for IG Shehri Rozgar Guarantee Yojana

•New rules for the implementation of the Indira Gandhi Shahari Rozgar Yojana have been accepted by Rajasthan Chief Minister Shri Ashok Gehlot. The scheme, modelled after the Mahatma Gandhi National Rural Jobs Guarantee Act (MGNREGA), was introduced by Gehlot in the 2022-23 budget to create employment in metropolitan areas .


5)  New Arunachal monkey named after Sela pass

•A new species of old world monkey, “The Sela Macaque” was geographically separated from the Arunachal Macaque by the Sela, an eastern Himalayan pass located at an altitude of 13,700 feet. Sela macaque ( Macaca selai), the new-to-science primate was identified and analysed by a team of experts from the Zoological Survey of India (ZSI) and the University of Calcutta. Their study has been published in the latest edition of Molecular Phylogenetics and Evolution.


•Phylogenetics relates to the evolutionary development and diversification of a species or group of organisms. The phylogenetic analysis revealed that the Sela macaque was geographically separated from the Arunachal macaque ( Macaca munzala) of the Tawang district by Sela. This mountain pass acted as a barrier by restricting the migration of individuals of these two species for approximately two million years. Sela is situated between Dirang and Tawang towns in western Arunachal Pradesh.


6)  From October 1st, government to require all imports of paper to be registered

•The import policy for key paper products has been changed from free to free with mandatory registration under the Paper Import Monitoring System. The DGFT issued a notification to this effect. Newsprint, handmade paper, wallpaper base, duplicating paper, coated paper, parchment paper, carbon paper, uncoated paper, Litho and offset paper, tissue paper, wall paper, envelops, toilet paper, cartons, account books, labels, bobbins, and other paper products are covered by this order. This policy will apply to all incoming imports.


7)  CCEA cleared sale of GoI’s 29.5% stake in Hindustan Zinc

•Cabinet Committee on Economic Affairs (CCEA) has approved the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL). The sale of a 29.58% stake represents more than 124.96 crore shares which would raise around Rs 38,000 crores at the current market price. This decision will strengthen the government’s disinvestment drive in the current fiscal year. The government has budgeted 65,000 crores from PSU disinvestment and strategic sale. Shares of HZL closed at ₹305.05, up 3.14% on the BSE. During the day, the scrip touched a high of ₹317.30 a share.


8)  According to SBI report, India’s GDP growth to be 8.2-8.5 percent in FY22

•According to the State Bank of India‘s research paper Ecowrap, India’s Gross Domestic Product (GDP) growth in FY22 is predicted to be in the range of 8.2 to 8.5 percent. Uncertainties abound in Q4FY22 GDP estimates, as normal quarterly data adjustments are tough to fathom, but the research produced by SBI’s Economic Research Department predicts that it will meet the 3 to 3.5 percent mark.


9)  Rameshbabu Praggnanandha Wins 36th Reykjavik Open 2022

•Rameshbabu Praggnanandha born on 10tg August 2005, is an Indian Grandmaster and chess epitome. At a young age, he has been traveling worldwide and traveled to 30 countries now to showcase his talent. He has played jaw-dropping matches with some prominent faces in chess. At the age of 16, he became the youngest player ever to defeat the world champion, Magnus Carlsen, on 22nd February 2022 at Airthings Masters Rapid Chess Tournament. He again defeated Carlsen, at the Chessable Masters Online rapid chess tournament on 20th May 2022. It was his second win again the world champion Magnus Carlsen within 3 months.