Current Affairs March 16, 2024

Current Affairs March 16, 2024


Current Affairs March 16, 2024

National News

Inauguration of ‘DBT SPEEDY SEEDS’: Boosting Agricultural Innovation for Farmer Empowerment

  • Union Minister Dr. Jitendra Singh inaugurates the ‘National Speed Breeding Crop Facility, “DBT SPEEDY SEEDS” at National Agri-Food Biotechnology Institute (NABI), Mohali.
  • The initiative aligns with Prime Minister Narendra Modi’s vision of doubling farmers’ income, fostering economic empowerment, and supporting Agri-StartUps.
  • The facility offers farmers the opportunity to enhance both the quality and quantity of their crops.
  • The inauguration underscores the government’s commitment to promoting agricultural innovation and supporting the farming community.
  • ‘DBT SPEEDY SEEDS’ facility aims to accelerate crop breeding processes, leading to increased productivity and resilience in agriculture.
  • This initiative is a significant step towards modernizing Indian agriculture and ensuring sustainable livelihoods for farmers.

About jitendra singh: Jitendra Singh is He is the Minister of State for the Ministry of Science and Technology and Minister of State for Prime Minister’s Office; Personnel, Public Grievances and Pensions; 

GoI Designates September 17 as “Hyderabad liberation day”

  • On 13th march 2024 the ministry of home affairs (MoHA), government of india (GoI) issued a gazette notification, officially designation September 17 of every year as Hyderabad liberation day
  • The day marks the integration of the erstwhile princely state of Hyderabad into the indion union in 1948
  • Hyderabad remained under the rule of Mir Osman ali khan, nizam of Hyderabad for 13 months’ post-independence on 15th august 1947

Ministry of home affairs: Amit Anil Chandra Shah is an Indian politician who is currently serving as the 31st Minister of Home Affairs 

Maharashtra’s Ahmednagar Renamed ‘Ahilyanagar’ in Honor of Ahilyabai Holkar

  • The Maharashtra Cabinet officially approves the renaming of Ahmednagar district to ‘Ahilyanagar’ after the 18th-century Maratha queen Ahilyabai Holkar.
  • Chief Minister Eknath Shinde had announced the decision to rename the district on Ahilyabai Holkar’s 298th birth anniversary in May last year.
  • Ahilyabai Holkar, renowned for her administrative skills and benevolent rule, established Maheshwar in Madhya Pradesh as the capital of the Holkar dynasty.
  • The renaming pays tribute to Ahilyabai Holkar’s contributions to Maharashtra’s history and culture, honoring her legacy.

Maharashtra state:

  • Capital: Mumbai
  • Chief minister: Eknath Shinde
  • Governor: Ramesh Bais

Rajasthan Government Initiates Free Seed Distribution Program to Enhance Millets Production

  • The Rajasthan government announces a plan to distribute free seeds of millets and coarse grains to farmers to stimulate millet production.
  • Chief Minister Bhajan Lal Sharma reveals the initiative, targeting specific seeds for distribution including maize, pearl millet (bajra), mustard, moong, sorghum (jowar), and moth.
  • Approximately 1.2 million farmers will receive maize seeds, 800,000 farmers will be provided pearl millet seeds, while mustard seeds will be distributed to 700,000 farmers.
  • Additionally, moong seeds will be given to 400,000 farmers, and sorghum (jowar) and moth seeds to 100,000 farmers, contributing to a diversified agricultural landscape.
  • The program aims to support farmers in adopting millets and coarse grains cultivation, promoting sustainable agricultural practices and food security in Rajasthan.

Rajasthan state:

  • Chief minister: Bhajan Lal Sharma
  • Area: 342,239 km²
  • Capital: Jaipur (Executive Branch)

Agreement News

MoU Signed Between NIELIT and ITI Egypt to Enhance Workforce Skills and Employment Opportunities

  • Memorandum of Understanding (MoU) inked between NIELIT (India) and ITI (Egypt) to bolster collaboration in workforce development.
  • Aimed at addressing skills gaps, fostering international cooperation, and promoting employment opportunities in both nations.
  • Signed in Cairo, Egypt, in the presence of H.E Dr. Amr Talaat and Mr. Ajit Gupte, emphasizing bilateral commitment.
  • Focus on skill enhancement initiatives to meet the demands of the rapidly evolving IT industry.
  • Signifies a strategic step towards strengthening Indo-Egyptian ties through knowledge exchange and capacity building.

Banking News

L&T Finance Holdings Secures $125 Million Pact with JICA to Enhance Rural Lending

  • L&T Finance Holdings Ltd (LTFH) signs a financing agreement worth $125 million with JICA (Japan International Cooperation Agency) to bolster rural and peri-urban lending in India.
  • The funding aims to support financing initiatives, particularly targeting women borrowers in rural areas.
  • The agreement entails a loan facility from JICA, which will be disbursed in three tranches.
  • This partnership underscores the commitment to financial inclusion and empowerment of rural communities, aligning with national development goals.
  • Collaboration with JICA signifies international support and recognition of India’s efforts in rural economic development.

About L&T finance holdings ltd.

  • MD & CEO- sudipta roy
  • Headquarters-mumbai, Maharashtra
  • Established-2007

About japan international cooperation agency:

  • President-tanaka akihiko
  • Headquarters- Tokyo, japan
  • Establishment-1974

Karnataka Vikas Grameena Bank Introduces ‘Vikas Spoorty’ Loan Scheme to Empower Rural Entrepreneurs

  • Karnataka Vikas Grameena Bank (KVGB) launches ‘Vikas Spoorty’ loan scheme to enhance rural credit delivery and encourage small-scale income-generating activities.
  • The scheme offers hassle-free loans without the need for collateral security or surety, catering to the genuine credit requirements of small entrepreneurs.
  • Chairman Shreekanth M Bhandiwad emphasizes the scheme’s focus on meeting the credit needs of rural entrepreneurs and facilitating their access to financial resources.
  • ‘Vikas Spoorty’ scheme links loan repayment to small daily contributions made by borrowers through the bank’s ‘Daily Deposit’ scheme (pigmy account) at their doorstep.
  • This initiative aims to foster entrepreneurship, financial inclusion, and economic development in rural Karnataka, empowering individuals to pursue livelihood opportunities.

Karnataka Vikas Grameena Bank:

  • Headquarters: Dharwad
  • Founded: 12 September 2005

Ranks and reports News

India Ranks 134th in Global Human Development Index: UNDP Report

  1. India has advanced one spot on the global Human Development Index (HDI) according to the United Nations Development Programme (UNDP) report titled ‘Breaking the gridlock: Reimagining cooperation in a polarised world’.
  2. The report reveals that India moved up from 135th position in 2021 to 134th in 2022, within the Medium Human Development category.
  3. Sri Lanka and China are ranked higher than India, while Bhutan and Bangladesh also surpass India’s ranking within the same category.
  4. Switzerland tops the global HDI ranking.
  5. The report highlights the progress and challenges in human development across nations, shedding light on disparities and opportunities for cooperation in a polarized world.

UNDP (United Nations Development Programme):

  • Founded: 22 November 1965, United States
  • Headquarters: New York, New York, United States
  • Head: Achim Steiner

Award News

Krystyna Pyszková Crowned Miss World 2024 in Mumbai Ceremony

  • Krystyna Pyszkova from the Czech Republic becomes the new 71st Miss World 2024 at a lavish event held in Mumbai, India.
  • She succeeds Karolina Bielawska from Poland, who held the title of Miss World 2022.
  • The 71st edition of miss world pageant was hosted by india for the 1st time after 28 years previously india hosted the event in 1996
  • The coronation ceremony, attended by dignitaries and spectators, marked the culmination of a prestigious global pageant.
  • Pyszkova’s crowning symbolizes her achievement in beauty, grace, and intellect, representing her nation on the international stage.
  • The event not only celebrates beauty but also promotes philanthropy and humanitarian causes, reflecting the Miss World organization’s values.
  • In this even reliance foundation chairperson Nita Ambani honoured with beauty with a purpose humanitarian award

Runners-Up and Continental Winners

  • First Runner-Up: Yasmina Zaytoun of Lebanon
  • Miss World Asia and Oceania: Yasmin Azaytoun of Lebanon
  • Miss World Europe: Krystyna Pyszková of Czech Republic
  • Miss World America and Caribbean: Aché Abrahams of Trinidad and Tobago
  • Miss World Africa: Lesego Chombo of Botswana

About miss world:

  • The miss world organization owns and manage the annual miss world finals
  • The 1st edition of miss world was held in 1951
  • Indian has won the 6 miss world title- 1st winner reita faria (1966)

Defence News

Rajnath Singh Inaugurates Indian Navy HQ ‘Nausena Bhawan’ in Delhi Cantonment

  • Defence Minister Rajnath Singh inaugurates the newly constructed headquarters of the Indian Navy, named ‘Nausena Bhawan’, in Delhi Cantonment.
  • The state-of-the-art facility is designed to accommodate the administrative functions and operations of the Indian Navy.
  • The inauguration marks a significant milestone in enhancing the infrastructure and operational capabilities of the Indian Navy.
  • ‘Nausena Bhawan‘ reflects the government’s commitment to modernizing defense infrastructure and strengthening national security.
  • The facility’s strategic location in Delhi Cantonment ensures efficient coordination and communication within the naval command structure.

Important points

National Vaccination Day: Promoting Awareness and Immunization

  • National Vaccination Day is observed annually on March 16th to raise awareness about the significance of vaccines in preventing diseases.
  • Vaccines play a crucial role in safeguarding individuals from life-threatening illnesses such as polio and smallpox by stimulating the body’s immune response.
  • The day serves as a reminder for people to prioritize their health and receive necessary vaccinations to maintain immunity and well-being.

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