Current Affairs Exam

Power Minister Launches Green Day Ahead Market

June 14, 2024 by rawan239

Power Minister RK Singh on 25 October launched the green day-ahead market (GDAM), In a bid to further deepen the electricity trade in India.

Highlights:

The launch will also present competitive price signals, besides offering an opportunity to the market participants to trade in green energy in the most transparent, flexible, competitive, and efficient manner.

The big industries can

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go green, and the Government would make efforts to simplify business, and GDAM is a step in that direction.

The Centre is working to implement the Green Hydrogen Mission.

The market-based competitive prices will provide another option to renewable generators to sell power and accelerate the renewable capacity.

The distribution utilities would also be able to sell surplus renewable power generated in their area.

PM Will Attend 18th ASEAN-India Summit On 28 October

June 14, 2024 by rawan239

Prime Minister Narendra Modi will attend the 18th ASEAN-India Summit Virtually on 28 October in Brunei.

Highlights:

Prime Minister Narendra Modi will review the status of the ASEAN-India Strategic PARTNERSHIP and assess progress made in critical areas including Covid-19 and Health, trade, Education and culture with his counterparts from ASEAN nations at the 18th ASEAN-India Summit.

According to an official statement released by the Ministry of External Affairs, the Summit will be attended by Heads of State/Government of the ten ASEAN countries.
Significant regional and international developments, including post-pandemic economic recovery, will also be discussed at the Summit.

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PM Attends 16th East Asia Summit 27 October

June 14, 2024 by rawan239

Prime Minister Narendra Modi will virtually attend the 16th East Asia Summit held on 27 October.

Highlights:

The East Asia Summit is the premier Leaders-led conference in the Indo-Pacific.

Since its beginning in 2005, it has played a vital role in East Asia’s strategic and geopolitical evolution.

Apart from the 10 ASEAN Member states, East Asia Summit comprises India, China, Japan, Korea, Australia, New Zealand, the United States and Russia.

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India Ranked 106th In 2021 FIFA Ranking

June 14, 2024 by rawan239

India has ranked 106th in the FIFA (Fdration Internationale de Football Association) Rankings 2021.

Highlights:

The Indian team position was raised to one spot after the SAFF – South Asian Football

Federation Championship 2021 of team India led by Sunil Chhetri.

India has achieved the 106th position after beating Nepal in the summit clash.

FIFA Rankings:

Under the FIFA Rankings, Belgium is at 1st position. Brazil holds 2nd position, France holds 3rd position.

We find some of the most significant raisers on FIFA (Fdration Internationale de Football Association) Rankings 2021 edition.

ASIFA was founded in 1960, in Annecy, France.

June 14, 2024 by rawan239

ASIFA created the International Animation Day (IAD) in 2002, honouring the birth of animation.

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International Animation Day Is Commemorated On 28 October

June 14, 2024 by rawan239

The International Animation day is celebrated on the 28th october aiming to honor the art of animation.

Highlights:

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New Border Law Adopted In China

June 14, 2024 by rawan239

China has enacted a national law on protection and exploitation of the countrys land border areas.

Highlights:

The new law has been enacted to maintain national security and manage border-related matters at the legal level amid regional tensions.

The new border law will come into effect from January 1, 2022. It mandates the Peoples Liberation Army (PLA) of China to counter any invasion, encroachment, infiltration, [or] provocation across the land borders of China.

The law also provides a legal framework for hard border closures, if needed.

The law requires the Chinese government to strengthen border DEFENCE, support economic & social development, and open

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up border areas.

Jute Mark India (JMI) Logo

June 14, 2024 by rawan239

Union Government launched Jute Mark India logo, which will act as certification of authenticity for jute products.

The certification from jute mark India will help in strengthening domestic market and exports of jute products from India.

Jute Mark label will be attached with the jute products. It will contain a unique QR code. Customers can get to know about producers by scanning the QR code.

Jute Mark India scheme was set in motion to provide collective identity and assurance regarding origin and quality for jute and jute products.

It would work as a hallmark of powerful creative work, for defining the jute product with quality. It will distinguish the quality products from competition and connects it to customers.

The certification is expected to boost domestic market and exports of jute products from India.

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Swachh Toycathon Competition

June 14, 2024 by rawan239

Swachh Toycathon was launched by the Ministry of Housing and Urban Affairs under the Swachh Amrit Mahotsav.

It was hosted on MyGovs Innovate India portal.

The knowledge partner of this initiative is Center for Creative Learning, IIT Gandhinagar.

This competition integrates the National Action Plan for

Toys (NAPT) and Swachh Bharat Mission Phase II to explore solutions to make toys using waste materials.

Centre allows work from home for maximum one year in SEZ

June 14, 2024 by rawan239

The Union Commerce Ministry July 19, 2022, saidwork from Home(WFH) is allowed for a maximum period of one year in a special economic zone unit and can be extended to 50% of total employees.

The Department of Commerce has notified a new rule 43A for WFH in Special Economic Zones Rules, 2006.

The Ministry said the notification was issued on demand from the to make a provision for a countrywide uniform WFH policy across all Special Economic Zones (SEZs). The new rule provides work from home for a certain category of employees of a

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unit in SEZ.

These include employees of IT/ITeS SEZ units; employees, who are temporarily incapacitated;

employees, who are travelling and who are working offsite, it added. WFH may be extended to a maximum of 50% of total employees, including contractual employees of the unit, it added.