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1)  World Food Day: 16 October

•World Food Day (WFD) is celebrated every year on 16 October across the globe to eradicate worldwide hunger from our lifetime. WFD also commemorates the date of the founding of the United Nations Food and Agriculture Organization (FAO) in 1945. Theme 2021: “Safe food now for a healthy tomorrow”.

2)  PM Narendra Modi dedicates 7 new Defence PSUs to the nation

•Prime Minister Narendra Modi dedicated seven new Defence PSUs, carved out of OFBs, to the nation. These 7 new companies have been formed following the dissolution of the 200-year-old Ordnance Factory Board (OFB) w.e.f October 01, 2021. Under the OFB there were 41 factories and 9 ancillary bodies.

•Now, these factories will be distributed among the seven newly created companies. Also, the 70,000 employees of these OFBs will be sent to the seven new entities, with no change in the service condition of the employees.

3)  Union Minister Anurag Thakur launches MyParkings App

•The Union Minister for Information and Broadcasting, Anurag Singh Thakur inaugurated the ‘MyParkings’ app. The IOT technology-enabled app has been developed by Broadcast Engineering Consultants India Limited (BECIL) with South Delhi Municipal Corporation (SDMC) to digitize all authorized parking under SDMC municipal limits.

4)  Vishwakarma Vatika to be set up at Hunar Haats

•The Government of India has decided to set up a “Vishwakarma Vatika” at every “Hunar Haats” to protect, preserve and promote India’s glorious legacy of centuries-old skills of artisans and craftsmen. The first such “Vishwakarma Vatika” has been set up in “Hunar Haat” at Rampur, Uttar Pradesh, organised from October 16 to 25, 2021.  The name is derived from the Hindu deity “Vishwakarma” who is worshipped as the God of architects.

5)  Ritesh Chauhan named as CEO of PM Fasal Bima Yojana

•Senior bureaucrat Ritesh Chauhan has been appointed as the chief executive officer (CEO) of the Pradhan Mantri Fasal Bima Yojana (PMFBY) and Joint Secretary, Agriculture under the Department of Agriculture and Farmers’ Welfare. Chauhan will have a combined tenure of seven years up to September 22, 2023. He is a 2005-batch IAS officer of the Himachal Pradesh cadre. He will succeed Ashish Kumar Bhutani, who was appointed in 2018.

6)  Telangana develops India’s first smartphone-based eVoting solution

•Telangana has developed India’s first smartphone-based eVoting solution considering the Covid-19 pandemic. The system will undergo a dry run in the form of a dummy election being conducted in Khammam district with the registration on the application open from October 8-18 and the dummy voting on October 20.

•The eVoting solution has been developed by Telangana State Election Commission (TSEC) with the implementation support of the Emerging Technologies Wing of the IT Department of the State and the Centre for Development of Advanced Computing (CDAC).

7)  Varanasi to become first Indian city to use ropeway services for public

•Varanasi of Uttar Pradesh will become the first city in India to use ropeway services in public transportation. Overall, Varanasi will be the third city in the world after Bolivia and Mexico City to use ropeway in public transportation. The total cost of the ropeway project is Rs 424 crore. The total distance of 4.2 km will be covered in just 15 minutes.

•The project will be executed on a public-private partnership model. The cost of the project will be divided between the Centre and the state government at 80:20. Four stations of the ropeway services pilot phase will be at the height of above 11 meters.

8)  India ranks 101 in Global Hunger Index 2021

•India’s rank has dropped to the 101st position among 116 countries in the Global Hunger Index (GHI) 2021. In 2020, India was placed at 94th spot, out of 107 countries. The 2021 GHI score of India is recorded at 27.5 out of 50, which comes under the serious category. Neighbouring countries like Nepal (76), Bangladesh (76), Myanmar (71) and Pakistan (92) are also in the ‘alarming’ hunger category but have fared better at feeding its citizens than India, according to the report.

9)  Reliance Industries tops in Forbes World’s Best Employer 2021 Ranking

•Mukesh Ambani-led Reliance Industries has topped the Indian corporates in the World’s Best Employers 2021 rankings published by Forbes. Globally, Reliance is placed at 52nd position among 750 global corporates. South Korean giant Samsung Electronics has topped the overall ranking as World’s Best Employers 2021, followed by US giants IBM, Microsoft, Amazon, Apple, Alphabet and Dell Technologies.

10)  UCO Bank chief A K Goel elected as Chairman of IBA

•A K Goel, managing director and chief executive (MD & CEO) of UCO Bank has been elected as the chairman of Indian Bank’s Association (IBA) for 2021-22. He has replaced Rajkiran Rai G, MD & CEO, Union Bank of India. IBA is a representative body of management of banking in India operating in India and is headquartered in Mumbai.

11)  BPCL launches automated fuelling technology UFill

•The Bharat Petroleum Corporation Limited (BPCL) has launched an automated fuelling technology called “UFill”, to provide a swift, secure and smart experience to its customers at outlets by providing them with control of fuelling. The new digital technology obviates the need to look at zero or final reading or any such offline manual interventions, to give complete control to customers over Time, Technology and Transparency in fuelling experience.

📰 Research centre for Indian art set up in Zurich’s Museum Rietberg

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1)  World Standards Day observed on 14th October

•World Standards Day or International Standards Day is observed globally on 14 October every year. The day aims to raise awareness about the importance of standardisation to the global economy among consumers, regulators and industry.

•World Standards Day 2021 theme is “Standards for sustainable development goals – shared vision for a better world”.

2)  International E-Waste Day: 14 October

•The International E-Waste Day (IEWD) is celebrated on 14 October every year since 2018, to promote the correct disposal of e-waste throughout the world with the aim to increase re-use, recovery and recycling rates. 2021 is the fourth edition of the International E-Waste Day. This year’s International E-Waste Day will focus on the crucial part each of us has in making circularity a reality for e-products.

•The theme for 2021 IEWD is “Consumer is the key to Circular Economy!”. The day was developed in 2018 by the WEEE Forum, an international association of e-waste collection schemes, with the support of its members.

3)  PM Modi inaugurates Rs 100 lakh crore PM Gati Shakti-National Master Plan

•With the vision of holistic and integrated infrastructure development in the country, Prime Minister Narendra Modi inaugurated PM Gati Shakti-National Master Plan, from Pragati Maidan in New Delhi. The Rs 100 lakh crore PM Gati Shakti-National Master Plan aims to provide multi-modal connectivity to economic zones in the country.

4)  India’s first Atal Community Innovation Center launched in Jaipur

•India’s 1st Atal Community Innovation Center (ACIC) was inaugurated at Vivekananda Global University, Jaipur (VGU). It will be the first centre in the country to be set up by the Government of India, Atal Innovation Mission (AIM) and NITI Aayog.

5)  Centre accords “Maharatna” status to state-owned PFC Ltd

•The Government of India has accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC). The new status will give PFC greater operational and financial autonomy. PFC was incorporated in 1986, as an Indian financial institution under the ownership of the Ministry of Power. It is the largest Infrastructure Finance Company in India, exclusively dedicated to Power Sector.

•The grant of ‘Maharatna’ status to PFC will impart enhanced powers to the PFC Board while taking financial decisions. The Board of a ‘Maharatna’ CPSE can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad, subject to a ceiling of 15% of the Net Worth of the concerned CPSE, limited to Rs.5,000 crore in one project. The Board can also structure and implement schemes relating to personnel and Human Resource Management and Training. They can also enter into technology Joint Ventures or other strategic alliances among others.

6)  India Ranks Third in 2021 EY Index

•India has retained the third position in the 58th Renewable Energy Country Attractiveness Index (RECAI) released by the consultancy firm Ernst & Young (EY). According to the report, the US, mainland China and India continue to retain the top three rankings and Indonesia is a new entrant to the RECAI.

•The 2021 RECAI ranks the world’s top 40 global markets (nations) on the attractiveness of their renewable energy investment and deployment opportunities. With the environment, social and governance (ESG) measures soaring to the top of the agenda for companies and investors, RECAI also highlights that corporate power purchase agreements (PPAs) are emerging as a key driver of clean energy growth.

7)  ADB Raises 2019–2030 Climate Financing Goal to $100 Billion

•The Asian Development Bank (ADB) has announced an increase in its climate financing goals 2019-2030 for developing member countries (DMCs) by $20 billion to $100 billion. Earlier in 2018, ADB had announced an $80 billion goal for climate financing for developing countries in Asia during 2019-2030. The additional $20 billion in financing support will be used for climate mitigation efforts including low-carbon energy sources, climate adaptation projects and private sector projects.

•The fight against climate change will be won or lost in Asia and the Pacific, and we are committed to serving as a climate bank and a long-term climate partner for our region. The Manila-based lender will plan for climate adaptation financing of $34 billion, including agriculture, urban and water adaptation projects.

8)  IMF Projects Indian Economy to grow at 9.5% in FY22

•The International Monetary Fund (IMF) has estimated the Indian economy to grow by 9.5% in the current fiscal year, i.e 2021-22 (FY22) and 8.5% in FY23 (2022-23), in its latest World Economic Outlook report, released on October 12, 2021. Meanwhile, IMF expects the global gross domestic product (GDP) to grow by 5.9 per cent in 2021 and 4.9% in 2022.

•In its World Economic Outlook (WEO), the IMF has maintained India’s gross domestic product (GDP) estimates for next financial year at 8.5 per cent, unchanged from its July projections. The WEO, titled ‘Recovery During a Pandemic Health Concerns, Supply Disruptions, and Price Pressures’, has forecast world economic growth at 4.9 per cent for 2022, the same as earlier.