VISION

1)  Education Minister Dharmendra Pradhan launches NEAT 3.0

•Union Minister of Education, Dharmendra Pradhan has launched National Educational Alliance for Technology (NEAT 3.0), and regional language textbooks prescribed by the All India Council for Technical Education (AICTE). NEAT 3.0 aims to provide the best-developed ed-tech solutions and courses to students on a single platform. It will be beneficial especially among the economically disadvantaged students. It is a Public-Private Partnership model between the Government (through its implementing agency AICTE) and the Education Technology companies.

•58 global and Indian ed-tech startup companies have come together for this solution and are offering 100 courses and e-resources to enhance learning outcomes, developing employable skills as well as overcome learning loss. The collaboration of global ed-tech companies and Indian start-ups by way of NEAT will help to build on the digital education bedrock of India.

2)  Odisha’s Ganjam district is now child marriage free

•Odisha’s Ganjam has declared itself a child marriage free district, the first in the State. The district administration has been able to stop as many as 450 child marriages and video-record 48,383 marriages in two years — 2020 and 2021. After verification, the Ganjam administration declared it a child marriage free district. Sarpanchs and task force committee members had sent recommendations that no child marriage had taken place in their respective areas.

3)  Ladakh celebrated traditional new year ‘Losar Festival’

•The Losar Festival in Ladakh is celebrated at the onset of the New Year in the traditional schedule of Tibetan Buddhism. It is celebrated by the Buddhist Community in the Ladakh region. The Losar is a 15 days festival, from the start of the Tibetan Lunar calendar, marking the 1st day of the 11 months in the Tibetan Calendar. Losar is a Tibetan word that means ‘New Year’.

•The festivities began with the celebration of Birth and Nirvana Anniversary Je Tsongkhapa with illuminations of religious places like Monasteries,  Stupas, residential and other places. The eve of the Losar festival is also celebrated with memorial food offerings for the departed loved ones.

4)  Alka Mittal becomes 1st women head of Oil and Natural Gas Corporation

•Director HR in ONGC, Alka Mittal has been given the additional charge as the new interim chairman and managing director (CMD) of Oil and Natural Gas Corporation (ONGC), the largest oil and gas producer in India. She is the first woman to head the top post at the Maharatna company. She replaces Subhash Kumar who superannuated on December 31. He was also serving as an interim head.

•Alka Mittal has been appointed for a period of six months with effect from January 1, 2022, or till the appointment of a regular incumbent to the post, or until further order, whichever is the earliest.

5)  Sudan’s Prime Minister Abdalla Hamdok announces resignation

•Prime Minister of Sudan, Abdalla Hamdok has announced his resignation on January 02, 2022. The decision follows a military coup that caused political deadlock and widespread pro-democracy protests in the country. The 66-year-old Hamdok served as the 15th Prime Minister of Sudan from 2019 to 2022.

•Mr Hamdok called for a dialogue to agree on a “national charter” and to “draw a roadmap” to complete the transition. The October coup had upended Sudan’s plans to move to democracy after a popular uprising forced the military’s overthrow of longtime autocrat Omar al-Bashir and his Islamist government in April 2019.

6)  Nippon India MF launches India’s first Auto ETF 2022

•Nippon Life India Asset Management Limited, asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of India’s First Auto sector ETF – Nippon India Nifty Auto ETF. Nippon India Nifty Auto ETF will predominantly invest in stocks comprising of the Nifty Auto Index in the same proportion as the Index. It will provide exposure to Top 15 (as per Nifty Auto Index methodology) companies representing auto-related sectors like Automobiles 4 wheelers, Automobiles 2 & 3 wheelers, Auto Ancillaries, and Tyres.

•The Nippon Auto ETF will start operation from January 5, 2022 to January 14, 2022. The minimum investment amount required is Rs 1,000 and in multiples of Rs 1 aftermath. The investment objective of the scheme is “to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Auto Index before expenses, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

7)  Zishaan A Latif won Ramnath Goenka Award in Photo journalism

•Zishaan A Latif won Ramnath Goenka Award in the Photo Journalism category. He won the award for his photo essay, The arduous struggle for inclusion in the NRC, which was published in The Caravan in October 2019. He documented the plight of people who were dropped from the National Register of Citizens (NRC) and put a face to an untold human story. About a month after the NRC list was released, Latif made his way through four districts in Assam, documenting people’s struggle for inclusion in the NRC.

8)  CryptoWire introduces India’s first global index of cryptocurrencies IC15

•CryptoWire, a global crypto super app that is a special business unit of TickerPlant, announced the launch of India’s first index of Cryptocurrencies – IC15, which is a rule-based broad market index by market capitalisation. The IC15 tracks and measures the performance of the top 15 widely traded liquid cryptocurrencies listed on leading crypto exchanges of the world, the company stated.

•The Mumbai-based company has been designed to provide insights into crypto mining and the true benchmark and a mirror of the underlying crypto market, a barometer of the industry in a sense, with a diversified representation of overall market sentiments.

9)  RBI named Ajay Kumar Choudhary and Deepak Kumar as new Executive Directors

•The Reserve Bank of India (RBI) has appointed Deepak Kumar and Ajay Kumar Choudhary as new executive directors (ED) with effect from 03 January. Prior to being promoted as ED, Deepak Kumar was heading the department of information technology of RBI, while Ajay Choudhary was Chief General Manager-in-Charge, Department of Supervision.

10)  Apple becomes world’s first company to hit $3 trillion M-Cap

•The stock market value of Apple Inc. hit $3 trillion and became the world’s first company to do so. The market cap of Apple hit $182.86 per share, which made it the world’s first company to touch the $3 trillion mark. However shortly after hitting the mark, the share value dipped below it and did not rise again until the market closed. The iPhone maker passed $2 trillion in 2020 and over $1 trillion in 2018.

•The world’s most valuable company reached the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. In China, the world’s largest smartphone market, Apple continued to lead for the second straight month, beating rivals such as Vivo and Xiaomi, recent data from CounterPoint Research showed.

📰 States told to share intel on common grid

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1)  World Braille Day Observed on 04 January 2022

•World Braille Day is observed globally on 4th January since 2019. The day aims to recognize the right of access to braille by blind people and raise awareness of the importance of braille as a means of communication in the full realization of the human rights for blind and partially sighted people. The day is marked remembering the birth anniversary of Louis Braille, the inventor of Braille – for people with visual disabilities. Louis Braille was born on 4th January 1809 in the town of Coupvray in northern France.

2)  Union Minister Ashwini Vaishnaw launched “India Semiconductor Mission”

•Information Technology Minister Ashwini Vaishnaw has launched the India Semiconductor Mission (ISM) to attract large investments for setting up semiconductor wafer fabrication facilities in India. The companies that are interested are invited by the Centre for the development of the semiconductors and display manufacturing ecosystem in India. ISM is a specialised and independent business division within the Digital India Corporation.

3)  France takes over EU Presidency for six months 2022

•France has assumed the rotating presidency of the Council of the European Union with effect from January 01, 2022. The country will continue to hold the EU presidency for the next six months till June 30, 2022. This is the 13th time that France has taken over the rotating presidency. The motto of France as EU President is “recovery, strength, belonging.”

•France will work to place the continent’s digitization and climate protection at the forefront. The presidency of the EU rotates every six months among the member states of the 27-nation bloc. Upon the completion of six months presidency, France will be replaced by the Czech Republic.

4)  Covid-19 new variant ‘IHU’ discovered in France

•Scientists and experts in France have reportedly identified a new variant of COVID-19 termed ‘IHU’. The new variant is said to be a more mutated strain than Omicron. The B.1.640.2 or IHU variant was first identified by the academics at institute IHU Mediterranee Infection and contains 46 mutations, which is more than Omicron. Nearly 12 cases of this new variant have been reported near Marseilles and has been linked to the African country Cameroon. But, the Omicron strain is still dominating in most parts of the world.

•This new variant can be a major threat, however, the cases have not been reported so far in countries other than France and is not labelled as ‘variant under investigation’ by the World Health Organisation (WHO).

5)  Sushmita Dev in 31-member Panel to examine bill on raising legal age of marriage

•The parliamentary standing committee constituted to examine “The Prohibition of Child Marriage (Amendment) Bill, 2021” comprise of a total of 31 members, including only one women representative. Out of the total 31 members, TMC MP Sushmita Dev is the sole woman representative in the committee. The Bill seeks to raise the legal age of marriage for women in India from 18 to 21 to bring it at par with men.

6)  Russia’s test-fires new hypersonic Tsirkon missiles 2022

•Russia successfully test-fired around 10 new Tsirkon (Zircon) hypersonic cruise missiles from a frigate and other two missiles from a submarine. The Zircon missile would be capable of flying at nine times the speed of sound and have a range of 1,000 kilometres (620 miles). The Tsirkon Cruise Missile will join Avangard glide vehicles and the air-launched Kinzhal (Dagger) missiles in Russia’s hypersonic arsenal.

•Zircon is intended to arm Russian cruisers, frigates and submarines. It is one of several hypersonic missiles under development in Russia. The launch was the latest in a series of tests of Zircon, which is set to enter service next year.

7)  SEBI reconstitutes its primary market advisory committee

•Capital markets regulator, Securities and Exchange Board of India has restructured its primary market advisory committee on data. The committee aims to measure pertaining to areas such as securities market data access and privacy. Sebi has appointed Professor at National Law University, Delhi and former chairperson, Insolvency and Bankruptcy Board of India S Sahoo as Panel Head. Earlier this panel was headed by Madhabi Puri Buch, an ex-whole time member of Sebi.

8)  Exercise Milan 2022: India to host 46 nations mega naval wargames

•India has invited a total of 46 friendly foreign countries to participate in the multinational naval exercise Milan in Visakhapatnam, scheduled from February 25, 2022. The theme of this 11th edition of exercise Milan is camaraderie, cohesion and collaboration. This exercise was initiated in 1995 and held biennially and conducted with friendly navies.

9)  Vinod Kannan named as next CEO of Vistara airline

•Vinod Kannan took over as the Chief Executive Officer (CEO) of Vistara Airlines. He replaced Leslie Thng who was the CEO from July 16, 2017, to December 31, 2021. It added that Deepak Rajawat has been elevated to take up the role of Vistara’s Chief Commercial Officer. Vistara, is a 51:49 joint venture between Tata Sons Private Limited and Singapore Airlines.

•Kannan spent over two decades working with SIA and has held several senior positions in the airline’s head office in Singapore as well as overseas. He holds a Master’s degree in Business Administration from the National University of Singapore and the University of California, Los Angeles.

10)  Ex-UK PM Tony Blair joins top royal order

•Former British Prime Minister Tony Blair, the Duchess of Cornwall, and Baroness Amos are to be appointed as members of the Order of the Garter, England’s oldest and most senior order of chivalry. The former prime minister now will be known as ‘Sir Tony’. The appointments are the personal choice of the Queen, who has up to 24 “knight and lady companions”. The ceremonial order, founded in 1348, is a recognition of significant public service and made without prime ministerial advice.

•Under Sir Tony’s leadership, the UK joined the US-led invasions of Iraq and Afghanistan – an official inquiry into the 2003 Iraq war was strongly critical of his government and UK military chiefs. He famously referred to Diana, Princess of Wales, as the “people’s princess” after her death.

📰 China constructing bridge on Pangong Tso

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