India Post Payments Bank launches ‘Finclution’


1.Prime Minister Shri Narendra Modi inaugurates Global AYUSH Investment and Innovation Summit 2022 in Gandhinagar

The Prime Minister , Shri Narendra Modi at the Global AYUSH Investment and Innovation Summit 2022 , in Gandhinagar , Gujarat .inaugurated. The three-day AYUSH Global Summit will have interactions with entrepreneurs, industry, startups and other stakeholders to encourage them to increase investment for innovation in AYUSH as the sector has immense growth potential. Prime Minister of Mauritius Mr. Pravind Kumar Jugnauth, Director General of WHO Dr. Tedros Adhanom Ghebreyesus, Union Minister of Health and Family Welfare Dr. Mansukh Mandaviya, Union Minister of AYUSH, Mr. Sarbananda Sonowal, Chief Minister of Gujarat Mr. Bhupendra Patel, Minister of State Dr. Munjpara Mahendra Kalubhai and Ambassadors, foreign dignitaries, investors, industry experts and other important stakeholders were present.

2.India’s first pure green hydrogen plant commissioned in Jorhat

Oil India Limited (OIL) has commissioned India’s first 99.999% Pure Green Hydrogen Pilot Plant with an installed capacity of 10 kg per day at its Jorhat Pump Station in Assam .started of. With this, India has taken the first important step towards green hydrogen economy. The plant has been commissioned in a record time of 3 months. The CMD, OIL, Mr. Sushil Chandra Mishra inaugurated the plant in the presence of Mr. Harish Madhav, Director (Finance) and Mr. Prashant Borkakoti, CEO of the company. The plant produces green hydrogen from electricity generated by the existing 500 kW solar plant using a 100 kW ion exchange membrane (AEM) electrolyser array. AEM technology is being used for the first time in India.

3.Indo-Finnish Virtual Network Center on Quantum Computing to be set up

An Indo-Finnish Virtual Network Center on Quantum Computing will be set up by India and Finland with an aim to encourage development projects and innovative research to meet the needs of both the countries . The decision to set up this center was announced by Finland’s Minister of Economic Affairs Mika Lintila , Union Minister Jitendra Singh .After meeting with This bilateral cooperation between the two countries to set up this Virtual Network Center is an attempt to encourage development projects and innovative research that will address specific challenges and needs, demonstrate high industrial relevance along with commercial potential. The move comes in the wake of the decision taken in the joint committee meeting held in the year 2020 to initiate collaboration in newly emerging areas like quantum computing, 5G and provide sustainability by involving various industries, academia and startups.

4.Russia successfully test-fired the Sarmat intercontinental ballistic missile yesterday

Russia has announced that it has successfully test- fired the Sarmat intercontinental ballistic missile , amid rising tensions between Russia and the West over the Ukraine issue . The missile was fired from the Arkhangelsk region of northwestern Russia . Russia’s Defense Ministry said the missile met all the objectives during the test. Russian President Vladimir Putin has said that the new missile system has the highest tactical and technical characteristics and is capable of evading all modern anti-missile measures.

5.India, Australia and Japan hand over consignment of anti-Covid vaccines to Thailand as part of Quad’s Vaccine Partnership

The Ambassadors of India, Australia and Japan to Thailand and the US Deputy Ambassador handed over a consignment of anti-COVID vaccines to Thailand as part of Quad’s Vaccine Partnership . It was handed over to Thailand’s Deputy Prime Minister Anutin Charanweerakul in Bangkok . In this, Kovovax made in IndiaVaccines are also included. The Ministry of External Affairs of India said in a press release that this is the second consignment to be made available under the Quad Vaccine Partnership. Earlier it was supplied to Cambodia on 12th of this month. The Quad countries have so far provided five lakh doses of anti-Covid vaccines to Thailand. The Government of Thailand has commended the Quod for this assistance. Prime Minister Narendra Modi at last year’s meeting of the Quad leaders in Washington DC had committed to providing vaccines to other countries.

6.Shri Dharmendra Pradhan inaugurates Prime Minister’s National Apprenticeship Mela organized at more than 700 places in a day

The Directorate General of Education , in association with Skill India , is organizing the National Apprenticeship Fair-2022 at more than 700 locations across the country. More than 4000 organizations from over 30 industries including Power, Retail, Telecom, IT/ITES, Electronics, Automotive and more participated in the event. The students who had 5th to 12th class pass certificate, skill training certificate, ITI diploma or graduation degree were eligible to participate in the Prime Minister Apprenticeship Mela. The main objective of this program was to encourage organizations to hire around one lakh apprentices and to help employers identify and develop the potential of apprentices through training and practical skills.

7.NITI Aayog releases draft battery swapping policy

NITI Aayog has released the draft Battery Swapping Policy for the comments of the concerned parties . India aims to reduce carbon emissions by 45 percent by 2030 during the COP 26 summit in Glasgow .and committed non-fossil energy capacity to 500 GW. The road transport sector is one of the major contributors to carbon dioxide emissions. One-third of particulate matter emissions come from the road transport sector. NITI Aayog said that to make the transport sector carbon-free, it is important to move towards clean energy led by electric vehicles. Finance Minister Nirmala Sitharaman in her budget speech for 2022-23 had announced that the government would introduce a battery swapping policy and inter-operability standards to increase efficiency in the electronic vehicle ecosystem. NITI Aayog has sought suggestions from all concerned by June 5 this year.

8.UK PM Boris Johnson visits various institutions in Gujarat

British Prime Minister Boris Johnson is on a busy visit to Gujarat in the first leg of his India visit . He along with State Chief Minister Bhupendra Patel visited Gujarat Biotechnology University at GIFT City, Gandhinagar and also visited JCB Company’s plant at Halol near Vadodara . The Gujarat Biotechnology University is being built at a cost of about two billion rupees. It is organized by the Department of Science and Technology of Gujarat and the University of Edinburgh , UK.Being built in collaboration with The Prime Minister of Britain visited the Research Center of Gujarat Biotechnology University and interacted with the researchers and faculty. Mr. Johnson also met Gautam Adani, Chairman, Adani Group in Ahmedabad. The Prime Minister of Britain also visited the Sabarmati Ashram and paid tribute to the Father of the Nation, Mahatma Gandhi. He also visited Akshardham Temple in Gandhinagar.

9.India Post Payments Bank launches ‘Finclution’

India Post Payments Bank , a 100 percent government owned body under the Department of Posts (DOP) , has launched ‘ Finclution Announced the launch of a joint initiative to collaborate with the fintech startup community to co-create and innovate solutions for financial inclusion. Finclution will allow startups to work with IPPB and Department of Posts experts to develop solutions and conduct pilot projects using the postal network and IPPB’s technology capability. Successful pilot projects can mature into long-term partnerships. India Post Payments Bank (IPPB) has been set up under the Department of Posts, Ministry of Communications, with 100% equity owned by the Government of India. IPPB was launched on 1st September, 2018 by the Prime Minister Shri Narendra Modi. Establishment of bank most accessible to common man in India, With a view to create an affordable and reliable bank. The basic objective of IPPB is to remove barriers for the unbanked and underbanked and reach the last mile by leveraging a network of 160,000 post offices (145,000 in rural areas) and 400,000 postal workers.

10.Some cases of a mysterious liver disease have been reported in the US, UK, Spain, Denmark and the Netherlands

Recently, a few cases of a mysterious liver disease have been reported in the US and UK, as well as in Spain, Denmark and the Netherlands. Children in the age group of 1 to 6 years are victims of this disease. According to reports, this disease can be caused by a virus usually associated with the common cold. So far this disease is said to be very serious. Although no child has died from it so far, six children have had to undergo liver transplants in the US and UK. Its symptoms are similar to those of common liver diseases such as hepatitis or inflammation of the liver, but the cause is still unknown. Symptoms such as jaundice, diarrhea and abdominal pain have also been observed. Laboratory tests for disease hepatitis types A, B, The possibility of infection with C and E viruses has been ruled out, which commonly cause such diseases. It is not yet known if international travel played a role in the spread of the disease. A group of viruses called adenoviruses are probably responsible for this, which causes respiratory diseases such as the common cold. Some European children have been found to be adenovirus positive while some have been found to be Covid-19 positive. Adenoviruses are generally preferred for vaccines because their DNA is double-stranded, which makes them genetically more stable and less likely to change after injection. So according to the analysis, hepatitis could potentially be associated with adenovirus 41.

11.The Central Administrative Tribunal launched a special drive in all the 19 benches of the tribunal to resolve the cases of the applicants.

Recently, the Central Administrative Tribunal (CAT) conducted a special drive in all the 19 benches of the tribunal to resolve the cases of applicants like senior citizens/pensioners . The Central Administrative Tribunal was established under Article 323A of the Constitution. It provides for adjudication of disputes and complaints relating to the conditions of service and recruitment of persons appointed to public services and posts in connection with the affairs of other authorities under the control of the Union. CAT is an expert body consisting of administrative and judicial members who are capable of dispensing speedy and effective justice on the basis of their specialized knowledge. A sitting or retired judge of a High Court is its chairman.

12.Indian Railways supplied water to ensure the existence of crocodiles in Pali district of Rajasthan

Recently, Indian Railways has brought water to Pali district of Rajasthan to ensure the existence of Magar Crocodile or Marsh Crocodile (scientific name: Crocodylus porosus) as the water bodies of this region have dried up due to high temperature in the month of March. . But crocodiles are egg-laying and hole-nesting species, which are also considered dangerous. It is mainly confined to the Indian subcontinent where it is also found in freshwater bodies and coastal saltwater lagoons and estuaries. It is already extinct in Bhutan and Myanmar.

13.Wipro appoints Satya Easwaran as India’s country head

IT major Wipro has announced the appointment of Satya Easwaran as the country head for India . He will be in charge of strengthening Wipro’s business in India through strategic consultancy, transformation and modernization. They will help customers leverage Wipro’s capabilities and investments in cloud, digital, engineering R&D, data/analytics and cyber security. “India is a strategic market for Wipro.

14.Jasleen Kohli appointed MD and CEO of Digit Insurance

Digit Insurance has appointed Jasleen Kohli as the new Managing Director (MD) and Chief Executive Officer (CEO) of the company with effect from April 20, 2022 . She will succeed Vijay Kumar who retired from the company on April 19, 2022. She served as the Chief Distribution Officer (CDO) at Digit, where she was responsible for all sales and distribution channels of the company.

15.Shanti Sethi will be Kamala Harris’s defense advisor

Indian-US Navy veteran Shanti Sethi has been appointed as Defense Advisor to USA Vice President Kamala Harris . Shanti Sethi is the first Indian-American commander of a major US Navy combat ship. Shanti Sethi commanded the guided-missile destroyer, USS Decatur, from December 2010 to May 2012. She joined the Navy in 1993. When she joined the Navy in 1993, the combat ejection law was still in effect, so was limited in what she could do. However, when she was an officer, the Exclusion Act was lifted.

16.Narendra Singh Tomar inaugurates a nationwide meeting on Agriculture for 2022 Kharif Campaign

Union Agriculture Minister Narendra Singh Tomar recently addressed the National Conference on Agriculture for Kharif Campaign 2022-23 at NASC Complex in New Delhi .launched. The Minister expressed happiness that as per the second advance estimate (2021-22), the total food grain production in the country will reach 3160 lakh tonnes, which is a new high. The production of pulses and oilseeds will be 269.5 lakh tonnes and 371.5 lakh tonnes respectively. According to the third advanced estimates, horticulture production is expected to reach 3310.5 lakh tonnes in 2020-21, which is the highest ever level for Indian horticulture. The minister said that the Center and the states will cooperate to ensure availability of herbs and seeds to reduce the input prices of the farmers. He argued that a method should be developed to replace urea with nano-urea. He said that the government would continue to give priority to natural and organic agriculture. While agricultural exports have increased, The Minister said that priority should be given to quality products to compete in the international markets. Both farmers and exporters should benefit.

17.J&K launches ‘Jan Surveillance’ app

The Department of Rural Development and Panchayati Raj , Jammu and Kashmir has launched Jan Nigrani , an app under the e-governance initiative , which aims to help people to register complaints related to various schemes online. Jan Surveillance App is a 24×7 internet-based platform aimed at reporting and redressal of grievances of residents of J&K against various government schemes launched by the department.

18.Nexo Launches “Crypto-Backed” Payment Card

Crypto lender Nexo has collaborated with Mastercard to launch the world’s first “ crypto-backed ” payment card. The launch signals a move by financial and crypto networks to collaborate as digital assets become more prevalent. The crypto-backed credit card can be used at 92 million merchants around the world where MasterCard is accepted. Through this card, investors will be able to spend 90% of the legal value of the crypto assets held by them in crypto. Initially this card will be available in selected European countries. This will allow users to spend their digital assets like bitcoins without having to sell them, as digital assets are used as collateral to back the credits given.

19.National Metallurgist Award 2021 to be conferred by Union Steel Ministry

The Union Ministry of Steel will organize the National Metallurgist Award 2021 . Union Steel Minister Shri Ram Chandra Prasad Singh will host the event. The objective of the program is the outstanding contribution of metallurgists/engineers working in the field of iron and steel covering manufacturing, R&D, design, education, waste management, energy conservation etc. and their distinguished contribution in achieving the objectives of self-reliant India. is to be recognized.

20.Cyrus S Poonawalla tops Hurun Global Healthcare Rich List 2022

Dr Cyrus S Poonawalla , Chairman and Managing Director of Serum Institute of India (SII) , has topped the Hurun Global Healthcare Rich List 2022 and has become the richest billionaire in the healthcare sector 2022. He topped the list with a new value of USD 26 billion (up 41%) . Cyrus Poonawalla is followed by Thomas Frist Jr and Family of HCA Healthcare, Mindray’s Lee Zeiting and Xu Hang with a net worth of USD 19 billion. Sun Pharmaceuticals’ Dilip Shanghvi & Family is at the fifth position with a net worth of $18 billion. China (34) has the most health industry billionaires, followed by the United States (16), Switzerland (15), Germany (11), and India (9).

21.UK court orders extradition of WikiLeaks founder Julian Assange to US

WikiLeaks founder Julian Assange extradited to the US by a UK courthas ordered. Assange will be prosecuted in the US for publishing secret documents relating to wars in Iraq and Afghanistan. If convicted, Assange could face up to 75 years in prison. Meanwhile, Australian Senator and Finance Minister Simon Birmingham has said that Australia will not challenge Assange’s extradition to the US. Following the court order, Assange’s lawyers have until May 18 to apply to UK Home Secretary Priti Patel, who is yet to make a final decision on extradition. A group of 25 human rights organizations have challenged Assange’s extradition. They say that this will pose a serious threat to the freedom of the press in America and other countries.

22.West Indies all-rounder Kieron Pollard announces retirement from international cricket

West Indies all-rounder Kieron Pollard has announced his retirement from international cricket . Pollard was the captain of the West Indies ODI team. He has played 123 ODIs and 101 Twenty20 cricket matches. He was included in the team that won the ICC T20 Cricket World Cup in the year 2012. Kieron Pollard has been associated with Mumbai Indians for the last several years in the Indian Premier League.

23.Greco-Roman style Indian wrestlers Harpreet Singh and Sachin Sehrawat won bronze medals in Asian wrestling competition

Greco-Roman-style Indian wrestlers Harpreet Singh and Sachin Sehrawat have won bronze medals in the Asian wrestling competition held in Ulaanbaatar , Mongolia . India has won a total of five medals in this championship. creativity and innovation day

World Creativity and Innovation Day by the United Nations on 21 April every yearcelebrated as. This day creates awareness among people about the importance of innovation and creativity to achieve the Sustainable Development Goals of the United Nations. According to the report (1987) released by the Bertland Commission under the ‘World Commission on Environment and Development’ (1983) – ‘Development is to meet the needs of the present generation without compromising on the ability of the coming generation to meet its own needs’. Sustainable development. United Nations Development Programme, UNESCO (United Nations Educational, According to the ‘Creative Economy Report’ published by Scientific and Cultural Organization) and UNOSSC (United Nations Office for the South-South), creativity and innovation are the two main assets of a country in the 21st century. At a time when there is a global lockdown due to COVID-19, it is important for key economic partnerships to be creatively active to keep the global economy running.

25.’Civil Service Day’

Every year 21st April is celebrated as ‘ Civil Services Day ‘. This day is dedicated to those public servants who work for the progress of the country, as well as play their important role in policy making. On this day, Prime Minister’s Awards are also given for excellence in public administration. The first such function was held on 21.04.2006 at Vigyan Bhawan. The Prime Minister inaugurated the function. Senior officers of the Government of India representing all the civil services participate in the ceremony. The date of April 21 as Civil Services Day is important because on April 21, 1947 , the first Home Minister of independent India Sardar Vallabhbhai Patel .While addressing the probationary officers of the Administrative Service at Metcalfe House in Delhi, the civil servants were called the ‘ Steel Frame of India ‘. The foundation of civil service in India was laid by Warren Hastings but later on by Charles Cornwallis , more reforms were done in it, hence he is known as ‘Father of Civil Services in India’.