Piyush Goyal inaugurates the ‘Prarambh: Startup India International Summit’
The Union Minister of Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal has inaugurated the two-day ‘Prarambh’, Startup India International Summit in New Delhi on 15 January 2021. The Summit has been organized by the Department for Promotion of Industry and Internal Trade (DPIIT), under M/o Commerce & Industry.
About the summit:
- The inaugural event was participated by the members of BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) countries.
- The ‘Prarambh’ Summit will provide a platform to the startups and young minds from around the world to come together and collaborate to work collectively to come with new ideas, innovation and invention.
- The focus of the Summit will be on enhancing multilateral cooperation and engagement with countries from around the globe to collectively develop and strengthen the startup ecosystems.
- The Summit marks the fifth anniversary of the Startup India initiative, launched by the Prime Minister on 16 January 2016.
Rajnath Singh unveils India’s 1st indigenously developed driverless metro car
Union Defence Minister, Rajnath Singh has unveiled India’s first ‘Driverless Metro Car’ on 15 January 2021 during a function held at BEML’s Bangalore Complex. The indigenously designed & developed state-of-the-art Driverless Metro trains are being manufactured at BEML Bangaluru manufacturing facility, for Mumbai Metropolitan Region Development Authority (MMRDA).
BEML recently opened its Depot office at Charkop Metro Depot, MMRDA, Mumbai for commissioning, testing and round-the-clock services for Driverless Metro cars. BEML bagged a total order of 576 cars for Mumbai Metropolitan Region Development Authority (MMRDA)’s MRS1 project and the supply is scheduled progressively up to January 2024.
India and Japan inks MoU to enhance cooperation in ICT
India and Japan have signed an MoU to enhance cooperation in the field of Information and Communications Technologies (ICT) via videoconferencing. The MoU was signed between Union Minister for Communications, Electronics and IT Ravi Shankar Prasad and the Japanese Minister for Internal Affairs and Communications Takeda Ryota.
Under the MoU:
Both countries will enhance mutual cooperation in the field of 5G technologies, telecom security, submarine optical fibre cable system to islands of India, spectrum management, smart cities, high altitude platform for broadband in unconnected areas, disaster management and public safety etc.
Important takeaways for all competitive exams:
- Japan Capital: Tokyo.
- Japan Currency: Japanese yen.
- Japan Prime minister: Yoshihide Suga.
No foreign leader as chief guest on Republic Day this year
According to External Affairs Ministry Spokesperson Anurag Srivastava, due to the global COVID-19 situation, it has been decided that this year there will not be a foreign Head of State or Head of Government as the Chief Guest for the Republic Day event. President Ramnath Kovind will take the salute at the parade this time. This will be the first time in over five decades that India will not have a chief guest at the Republic Day parade.
This comes days after United Kingdom (UK) Prime Minister Boris Johnson cancelled his visit to India. Boris Jonhson was scheduled to be the chief guest at India’s Republic Day parade on January 26.
History of Republic Day event:
- In 2020, Brazil President Jair Bolsonaro was the chief guest.
- The last time such a situation arose was in 1966 when no Chief Guest was present at the event which was held days after the demise of Prime Minister Lal Bahadur Shastri in Tashkent and the death of nuclear scientist Homi Bhabha in an air crash.
- Foreign leaders have graced the Republic Day parades every year barring 1952, 1953 and 1966.
- Indonesian President Sukarno was the first chief guest to grace Republic Day in 1950.
Indian-American Garima Verma named digital director in Office of the First Lady
Incoming First Lady, Jill Biden has named Indian-American Garima Verma as her digital director and Michael LaRosa press secretary, the Biden transition team has announced. She served as audience development and content strategist on the Biden-Harris campaign. Before joining the campaign, Verma was a volunteer with the content team, designing graphics for distribution to Biden-Harris volunteers across the country.
About Garima Verma:
Verma, who was born in India, grew up in Ohio and the Central Valley of California. She previously worked in the entertainment space, marketing films at Paramount Pictures and television shows at The Walt Disney Company’s ABC Network, and media agency Horizon Media. Verma has also served as an independent consultant in marketing, design and digital for a number of small business and non-profit clients.
TEPC appoints Sandeep Aggarwal as new Chairman
The Telecom Equipment and Services Export Promotion Council (TEPC) has appointed Sandeep Aggarwal as the new Chairman. Aggarwal, the Managing Director and Promoter of Delhi-based Paramount Communications, will take over from Shyamal Ghosh, ex-Telecom Secretary. TEPC is an independent body set up by the government to promote and develop the export of telecom equipment and services.
YES Bank launches wellness themed credit card
Yes Bank has announced its partnership with Aditya Birla Wellness Private Limited to launch the ‘YES BANK Wellness’ and ‘YES BANK Wellness Plus’ Credit Cards – aimed at the holistic health, self-care and wellness of consumers. This is an innovative step to encourage and promote self-care, mental and physical well-being.
About the Initiative:
- Consumers can now enjoy the bouquet of complementary health benefits by simply registering on the Aditya Birla Multiply App.
- Benefits include reward points, diet plans, consultations etc
- The mobile app allows consumers to avail complimentary benefits such as annual health check-up, round the clock doctor or counsellor helpline, in-studio or home-based workout sessions, personalized diet plans, among others, right at their fingertips.
Important takeaways for all competitive exams:
- YES bank HQ: Mumbai, Maharashtra.
- YES bank MD & CEO: Prashant Kumar.
ICICI Bank ties up with fintech Niyo to issue prepaid cards to MSMEs
ICICI Bank, a leading Indian private sector bank, and Niyo, a new age fintech company announced a tie-up to issue prepaid cards to Micro, Small and Medium Enterprises (MSMEs) workers. MSMEs will now be able to get ‘ICICI Bank Niyo Bharat Payroll Card’ powered by Visa, for their blue-collar workers.
Benefits include:
- With this, MSMEs can upload the salaries of their workers on the card, which the workers can then utilise as per their need seamlessly.
- These workers are mostly under-banked and are deprived of banking facilities.
- The ‘ICICI Bank Niyo Bharat Payroll Card’ allows an individual to receive funds up to Rs 1 lakh into the card account. It offers convenience and safety of digital banking to the blue-collar workforce while providing a state-of-the-art salary disbursement solution to the employers.
- Any MSME can tie-up with Niyo to avail of the prepaid card. After the tie-up, cards are issued to the workers at their workplace itself while their KYC verification is done simultaneously using a biometric device.
- Once activated, workers can use the card to withdraw funds at ATMs, make online transactions on e-commerce portals and make payment by swiping the card at Point of Sale (PoS) machines.
Important takeaways for all competitive exams:
- ICICI Bank Headquarters: Mumbai, Maharashtra.
- ICICI Bank MD & CEO: Sandeep Bakhshi.
- ICICI Bank Tagline: Hum Hai Na, Khayal Apka.
UN Rights Body elects Fiji in First Ever Presidential Vote
The UN Human Rights Council elected Fiji’s ambassador as its 2021 president in an unprecedented secret ballot after a diplomatic stand-off blocked the usual consensus decision. Fiji’s ambassador in Geneva, Nazhat Shameem Khan, who served as the council’s vice president in 2020 and is considered a rights champion, won with 29 out of 47 votes.
She ran against two other candidates from the UN’s Asia-Pacific regional group of countries: Bahrain’s ambassador Yusuf Abdulkarim Bucheeri and his counterpart from Uzbekistan, Ulugbek Lapasov, who received 14 and four votes respectively.
The president mainly oversees council meetings but is also in charge of appointing the independent experts who investigate countries’ alleged rights abuses and can determine how hard to crack down on cases of state intimidation against those who cooperate with the body.
Important takeaways for all competitive exams:
- UN Human Rights Council Founded: 15 March 2006.
- UN Human Rights Council Headquarters: Geneva, Switzerland.
