Current Affairs for SSC CGL Exams - 07 September 2021

SSC CGL Current Affairs

Current Affairs for SSC CGL Exams - 07 September 2021

::NATIONAL::

SL Tripathy appointed CMD of the United India Insurance

  • The Appointments Committee of the Cabinet (ACC) has approved the appointment of SL Tripathy as Chairman-cum-Managing Director (CMD) of the United India Insurance Company Limited (UIICL). He will hold the office of the CMD, UIICL with effect from the date of assumption of charge of the office and up to the date of his attaining the age of superannuation (i.e. 29.02.2024), or until further orders, whichever is earlier.
  • The appointment of SL Tripathy was proposed by the Department of Financial Services (DFS) on the recommendation of the Banks Board Bureau (BBB) as a candidate for the Reserve List for the vacancy of CMD, UIICL.
  • Born on February 02, 1964, Tripathy is currently working as General Manager & Director with the New India Assurance Company Limited (NIACL). Alumni of Aeronautics DAV High School, HAL Sunabeda in Odisha, Tripathy has worked with General Insurance Corporation of India as Deputy GM and CIO as well.

::INTERNATIONAL::

Sri Lankan Economic Crisis

  • Our Neighbourhood First policy had led to increased economic cooperation with Sri Lanka but its economy is in deep trouble and India’s relations with it have taken a turn for the worse this year
  • India’s ‘Neighbourhood First’ policy towards Sri Lanka had resonated with Sri Lanka’s ‘India First’ foreign and security policy in 2020. India is Sri Lanka’s third largest export destination, after the US and UK. More than 60% of Sri Lanka’s exports enjoy the benefits of the India-Sri Lanka Free Trade Agreement, which came into effect in March 2000. India is also a major investor in Sri Lanka. India’s development partnership with Colombo has always been demand-driven, with projects covering social infrastructure like education, health, housing, access to clean water and sanitation, besides industrial development. Concessional financing of about $ 2 billion has been provided to Sri Lanka through various Indian government-supported Lines of Credit across sectors (for railway connectivity, infrastructure, supply of defence equipment, security, and counter-terrorism and solar projects, among others). Foreign direct investment (FDI) from India amounted to around $ 1.7 billion over the years from 2005 to 2019 and went into retail petroleum, hotels and tourism, real estate and manufacturing, apart from telecom, banking and financial services.
  • However, relations between the two neighbours seem to have plummeted since the beginning of this year. In February, Sri Lanka backed out from a tripartite partnership with India and Japan for its East Container Terminal Project at the Colombo Port, citing domestic issues. Later, the West Coast Terminal was offered under a public private partnership arrangement to Adani Ports and Special Economic Zones Ltd.

::ECONOMY::

Varanasi-Chunar Cruise Service launched to promote tourism

  • In the holy city of Varanasi, apart from enjoying the serene and spiritual ambience of its ghats, you can enjoy a ride on the luxury cruise called Alaknanda. The luxury cruise service in Varanasi was inaugurated in the month of September in 2018.
  • Before the introduction of the cruise, both the locals and tourists were used to seeing boats (both motorised and non-motorised) on the waters of the River Ganga. This is the first time that an exquisite looking luxury cruise will make its way through the holy waters.
  • Varanasi is one of the most visited religious destinations in India, thanks to its historic ghats, splendid temples and the distinct flavour of the city itself. It is one of the oldest continuously inhabited cities in the world, a fact that makes it even more fascinating as a popular tourist spot in India. 
  • It is the River Ganga though, which lends the city its identity. Indeed, the city and the river have become synonymous to each other. Much of the daily life in the city revolves around the Ganga, and it finds a strong presence in the everyday conversations and lifestyle of the people.

Food Processing Week: 06 to 12 September 2021

  • The Ministry of Food Processing Industries is observing ‘Food Processing Week’ from 6th to 12th September 2021, under which, the Ministry is organizing various programs as a part of 'AzadiKaAmritMahotsav'.
  • The Ministry launched the ‘Food Processing Week’ on Monday, 6th September, 2021, through an official video on social media platforms. The success story of the beneficiary of the PMFME scheme, RadhikaKamat was also published on the Ministry's website in the ‘Atmanirbhar Enterprises’ series.
  • A webinar on Tomato Processing and Value Addition under 'One District, One Product' was also organized by the Indian Institute of Food Processing Technology at Damoh, Madhya Pradesh. An amount of Rs.3.16 crore Seed Capital the amount has been transferred to Gram Panchayat Level Federations for 811 SHG Members, an official statement said.
  • In this sequence, Hon'ble Minister of State for Food Processing Industries, Prahlad Singh Patel inaugurated the Food Processing Unit of 'M/s Vibhuti Mart Private Limited' at Food Park Maneri, District Mandla, Madhya Pradesh, under the CEFPPC scheme of Central Sector Scheme - PradhanMantriKisan SAMPADA Yojana.
  • Speaking on occasion, the Hon'ble Minister of State appreciated the promoters of the Food Processing Unit for developing a state-of-the-art processing facility. He added that this unit would provide processing opportunities to farmers, self-help groups, and micro-entrepreneurs and create more employment opportunities in the surrounding areas.
  • This unit has been set up at a project cost of Rs.12.90 crore and a grant-in-aid of Rs.4.65 crore

::SCIENCE AND TECH::

India's first bio-brick based building commissioned at IIT Hyderabad

  • Constructed entirely out of Agro-waste, the Indian Institute of Technology (IIT), Hyderabad, recently inaugurated its first bio-bricks-based building. IIT came up with the structure to counter air pollution caused by stubble burning.
  • Pollution is one of significant India is facing. Many Indian cities have even come under the top 10 World's polluted cities. So, it is essential to understand and rectify the problem, which is increasing daily.
  • The bio-brick facility developed by IIT was made as an alternative and sustainable building material to replace stubble burning. According to a report in the Times of India, The bio-bricks used for roofing and paneling could effectively reduce heat gain by five to six degrees. Compared to burnt clay bricks, bio-bricks would cost about Rs 2 to Rs 3 when mass-produced.
  • Before finalising, a guard cabin prototype was designed and executed in the space allocated by IIT-H. BS Murty, the director professor of IIT-H, told TOI that the entire building is made up of bio-brick material and has support from a metal framework.
  • In the current times, when money and infrastructure are the soul and backbone of society, building something from waste to save the environment is a brilliant initiative.
  • Murty said the facility is a perfect example of wealth from waste. The committee plans to submit the proposal for promoting its wider adoption by the rural community to the ministry of agriculture and farmers' welfare.

::SPORTS::

130th edition of Durand Cup begins in Kolkata

  • 130th Edition NS Durand Cup kicked on Vivekananda YubabharatiKrirangan in Kolkata. 
  • West Bengal CM Mamata Banerjee Kicked the ball and inaugurated the tournament. 16 teams are playing in this edition of Asia's oldest club football tournament while two clubs East Bengal and MohunBagan are not participating. Final match will be held 3 October.

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