Current Affairs - 14 May 2022

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Pulitzer Prizes 2022- Complete List of Winners

The 106th class of Pulitzer Prize winners in Journalism, Books, Drama and Music were announced. The Pulitzer Prize is an award for achievements in newspaper, magazine, online journalism, literature and musical composition within the United States. It was established in 1917 by provisions in the will of Joseph Pulitzer, who had made his fortune as a newspaper publisher, and is administered by Columbia University.

Here’s the full list of winners in journalism and their awards:

Public Service

The Washington Post for its account of the assault on Washington on January 6, 2021.

Breaking News Reporting

The staff of the Miami Herald for its coverage of the collapse of the Seaside apartment towers in Florida.

Investigative Reporting

Corey G. Johnson, Rebecca Woolington and Eli Murray of the Tampa Bay Times for an expose of highly toxic hazards inside Florida’s only battery recycling plant that forced the implementation of safety measures to adequately protect workers and nearby residents.

Explanatory Reporting

Staff of Quanta Magazine, notably Natalie Wolchover, for reporting on how the Webb Space Telescope works.

Local Reporting

Madison Hopkins of the Better Government Association and Cecilia Reyes of the Chicago Tribune for an examination of Chicago’s long history of failed building and fire safety code enforcement.

National Reporting

The staff of The New York Times for a project that quantified a disturbing pattern of fatal traffic stops by police.

International Reporting

The staff of The New York Times for reporting that exposed the vast civilian tolls of US-led airstrikes, challenging official accounts of American military engagements in Iraq, Syria and Afghanistan.

Feature Writing

Jennifer Senior of The Atlantic for a portrayal of a family’s reckoning of loss in the 20 years since 9/11.

Commentary

Melinda Henneberger of the Kansas City Star for persuasive columns demanding justice for alleged victims of a retired police detective accused of being a sexual predator.

Criticism

Salamishah Tillet, contributing critic at large for The New York Times, for writing about Black stories in art and popular culture.

Editorial Writing

Lisa Falkenberg, Michael Lindenberger, Joe Holley and Luis Carrasco of the Houston Chronicle for a campaign that, with original reporting, revealed voter suppression tactics, rejected the myth of widespread voter fraud and argued for sensible voting reforms.

Illustrated Reporting and Commentary

Fahmida Azim, Anthony Del Col, Josh Adams and Walt Hickey of Insider for a comic on an Uyghur internment camp.

Breaking News Photography

Marcus Yam of the Los Angeles Times for raw and urgent images of the US departure from Afghanistan.

Win McNamee, Drew Angerer, Spencer Platt, Samuel Corum and Jon Cherry of Getty Images for comprehensive and consistently riveting photos of the attack on the US capitol.

Feature Photography

Adnan Abidi, Sanna Irshad Mattoo, Amit Dave and the late Danish Siddiqui of Reuters for images of Covid’s toll in India.

Audio Reporting

Staffs of Futuro Media and PRX for “Suave” — an immersive profile of a man re-entering society after more than 30 years in prison.

Here’s the list for books, drama and music:

Fiction

The Netanyahus: An Account of a Minor and Ultimately Even Negligible Episode in the History of a Very Famous Family, by Joshua Cohen.

Drama

Fat Ham, by James Ijames

History

Covered with Night, by Nicole Eustace and Cuba: An American History, by Ada Ferrer

Biography

Chasing Me to My Grave: An Artist’s Memoir of the Jim Crow South, by the late Winfred Rembert as told to Erin I. Kelly

Poetry

frank: sonnets, by Diane Seuss

General Nonfiction

Invisible Child: Poverty, Survival & Hope in an American City, by Andrea Elliott

Music

Voiceless Mass, by Raven Chacon

Special Awards and Citations

How many Pulitzer Prizes are awarded every year?

21 awards

Who has won the Pulitzer Prize twice?

Four authors have won the Pulitzer Prize for Fiction twice: Booth Tarkington (1919 and 1922), William Faulkner (1955 and 1963), John Updike (1982 and 1991)and Colson Whitehead (2017 and 2020).

Pulitzer Prizes 2022: Complete List of Winners

Here’s the full list of winners in journalism and their awards:

Public Service

The Washington Post for its account of the assault on Washington on January 6, 2021.

Breaking News Reporting

The staff of the Miami Herald for its coverage of the collapse of the Seaside apartment towers in Florida.

Investigative Reporting

Corey G. Johnson, Rebecca Woolington and Eli Murray of the Tampa Bay Times for an expose of highly toxic hazards inside Florida’s only battery recycling plant that forced the implementation of safety measures to adequately protect workers and nearby residents.

Explanatory Reporting

Staff of Quanta Magazine, notably Natalie Wolchover, for reporting on how the Webb Space Telescope works.

Local Reporting

Madison Hopkins of the Better Government Association and Cecilia Reyes of the Chicago Tribune for an examination of Chicago’s long history of failed building and fire safety code enforcement.

National Reporting

The staff of The New York Times for a project that quantified a disturbing pattern of fatal traffic stops by police.

International Reporting

The staff of The New York Times for reporting that exposed the vast civilian tolls of US-led airstrikes, challenging official accounts of American military engagements in Iraq, Syria and Afghanistan.

Feature Writing

Jennifer Senior of The Atlantic for a portrayal of a family’s reckoning of loss in the 20 years since 9/11.

Commentary

Melinda Henneberger of the Kansas City Star for persuasive columns demanding justice for alleged victims of a retired police detective accused of being a sexual predator.

Criticism

Salamishah Tillet, contributing critic at large for The New York Times, for writing about Black stories in art and popular culture.

Editorial Writing

Lisa Falkenberg, Michael Lindenberger, Joe Holley and Luis Carrasco of the Houston Chronicle for a campaign that, with original reporting, revealed voter suppression tactics, rejected the myth of widespread voter fraud and argued for sensible voting reforms.

Illustrated Reporting and Commentary

Fahmida Azim, Anthony Del Col, Josh Adams and Walt Hickey of Insider for a comic on an Uyghur internment camp.

Breaking News Photography

Marcus Yam of the Los Angeles Times for raw and urgent images of the US departure from Afghanistan.
Win McNamee, Drew Angerer, Spencer Platt, Samuel Corum and Jon Cherry of Getty Images for comprehensive and consistently riveting photos of the attack on the US capitol.

Feature Photography

Adnan Abidi, Sanna Irshad Mattoo, Amit Dave and the late Danish Siddiqui of Reuters for images of Covid’s toll in India.

Audio Reporting

Staffs of Futuro Media and PRX for “Suave” — an immersive profile of a man re-entering society after more than 30 years in prison.

Here’s the list for books, drama and music:

Fiction

The Netanyahus: An Account of a Minor and Ultimately Even Negligible Episode in the History of a Very Famous Family, by Joshua Cohen.

Drama

Fat Ham, by James Ijames

History

Covered with Night, by Nicole Eustace and Cuba: An American History, by Ada Ferrer

Biography

Chasing Me to My Grave: An Artist’s Memoir of the Jim Crow South, by the late Winfred Rembert as told to Erin I. Kelly

Poetry

frank: sonnets, by Diane Seuss

General Nonfiction

Invisible Child: Poverty, Survival & Hope in an American City, by Andrea Elliott

Music

Voiceless Mass, by Raven Chacon

Special Awards and Citations

The Journalists of Ukraine: The Pulitzer Board awards a special citation to the journalists of Ukraine for their courage, endurance, and commitment to truthful reporting during Vladimir Putin’s ruthless invasion of their country and his propaganda war in Russia. Despite the bombardment, abductions, occupation, and even deaths in their ranks, they have persisted in their effort to provide an accurate picture of a terrible reality, doing honour to Ukraine and to journalists around the world.

World Migratory Bird Day 2022 observed on 14th May

World Migratory Bird Day is marked twice a year since its inauguration in 2006. International Migratory Bird Day will be celebrated on 14 May and 8 October 2022. The day is celebrated with an aim to safeguard migratory birds’ breeding, non-breeding as well as stopover habitats while preserving a healthy bird population. This is important because birds have an important role to play in the environment. They are needed to maintain the ecological balance. Birds are nature’s ambassadors, which is why it is necessary to restore ecological connection and integrity in order to boost migratory bird migration.

The theme of the World Migratory Bird Day 2022:

The theme for World Migratory Bird Day 2022 is light pollution. As artificial lighting has been increasing globally by at least 2 per cent per annum, this has had an adverse impact on many birds. Light pollution is a major threat to migratory birds as it leads to disorientation when they fly at night, this, in turn, leads to collisions and also interferes with their long-distance migrations.

History of International Migratory Bird Day:

International Migratory Bird Day was marked in 2006 when the United Nations decided that the world’s population needs to be made aware of the worldwide migratory linkages.

Since then, 118 countries participated in and organised the event. The United Nations (UN) Agreement on the Conservation of African-Eurasian Migratory Waterbirds had envisioned the World Migratory Bird Day.

UAE President, HH Sheikh Khalifa bin Zayed, passes away

UAE President and Ruler of Abu Dhabi, Sheikh Khalifa bin Zayed Al Nahyan passed away. He served as the President of the UAE and Ruler of Abu Dhabi since November 3, 2004. The Ministry of Presidential Affairs condoles the people of the UAE, the Arab and Islamic nation and the world over the demise of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the president of the UAE.

About Sheikh Khalifa bin Zayed Al Nahyan:

Born in 1948, Sheikh Khalifa was the second President of the UAE and the 16th Ruler of the Emirate of Abu Dhabi. He was the eldest son of Sheikh Zayed.
He was elected to succeed his father, late Sheikh Zayed bin Sultan Al Nahyan, who served as the UAE’s first president since the union in 1971 until he passed away on November 2, 2004.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi. Under his reign, the UAE witnessed an accelerated development that ensured decent living for the people calling the country home.

Lionel Messi topped Forbes’ highest-paid athletes list for 2022

Lionel Messi has topped the list of Forbes Highest-Paid Athletes 2022 with a reported income of $130 million, followed by Basketball player, Lebron James with $121.2 million while Cristiano Ronaldo was third with $115 million. Messi had moved from Barcelona to Paris Saint-Germain in August 2021 and Cristiano Ronaldo rejoined Manchester United from Juventus in the same month. Forbes calculates the estimates based on prize money, salaries and bonuses, and sponsorship deals.

The top 10 highest earners, collectively brought in $992 million in pre-tax gross earnings over the last year.

Lionel Messi: $130 million
LeBron James: $121.2 million
Cristiano Ronaldo: $115 million
Neymar: $95 million
Stephen Curry: $92.8 million
Kevin Durant: $92.1 million
Roger Federer: $90.7 million
Canelo Alvarez: $90 million
Tom Brady: $83.9 million
Giannis Antetokounmpo: $80.9 million

ISSF Junior World Cup: Esha Singh and Saurabh Chaudhary won gold in Mixed Team Pistol even

Indian pistol pairs Esha Singh and Saurabh Chaudhary clinched the mixed team pistol gold at the International Shooting Sport Federation (ISSF) Junior World Cup in Suhl, Germany. Esha and Saurabh came through after topping a 38-field qualification round of 60 shots with scores of 578 and 575 respectively.

The team of Palak and Sarabjot Singh has settled for the silver medal in the same event. Ramita and Paarth Makhija also won silver in the 10m air rifle mixed team competition. In all, India has so far won 10 medals, including four gold.

Important Takeaways For All Competitive Exams:

ISSF Founded: 1907;
ISSF Headquarters: Munich, Germany;
ISSF President: Vladimir Lisin.

Vietnam opens world’s longest glass-bottomed bridge

World’s Largest Glass Bottom Bridge was opened in Vietnam. It is called Vietnam’s Bach Long pedestrian bridge, which is 632m (2,073ft) long and located 150m (492ft) above a huge jungle. As per the reports, the Asian country has opened a glass-bottomed bridge suspended above a lush jungle. It surpasses a 526m Glass Bottom Bridge in Guangdong, China.

The Bach Long pedestrian bridge means ‘white dragon’ in Vietnamese. The bridge suspends above the rainforest The bridge can support up to 450 people at a time and the floor of the bridge is made from tempered glass.

Interesting facts about the world’s largest glass-bottom bridge

The bridge was inaugurated coincidentally on the 47th anniversary of the end of the Vietnamese war.
The structure of the bridge is said to be about three-fourths the height of Burj Khalifa Tower and it is said to be the longest bridge in the world.
Bach Long means “white dragon” in Vietnamese.
At a time 450-500 people can walk on the glass-bottom bridge.
The bridge is under the surveillance of guards who ensure that the traffic only flows in one direction.
The bridge was shut for two years for the tourist due to the global pandemic Covid-19.
The Guinness World Records are yet to confirm the claim of the company which says the glass-bottom bridge is the tallest and longest bridge in the world.
The bridge is 632m long and 150m above the ground. It surpasses the 526m Glass Bottom bridge in Guangdong in China
It has a unique architectural structure and design which is one of the main attractions for the tourist.
The Bach Long Bridge is Located in the Moc Chau district of the Son La province in Vietnam.

The terrifying bridge curves around mountainsides and finally spans a valley between two peaks. Made from French tempered glass, the bridge can support 450 daring visitors at once. The Bach Long Bridge is the country’s third glass bridge although it is arguably the most impressive.

Important takeaways for all competitive exams:

Vietnam Capital City: Hanoi;
Vietnam Currency: Vietnamese dong;
Vietnam Prime Minister: Phạm Minh Chính.

FAQs related to the longest bridge in the world

1. What is the longest bridge in our world?
Ans. The Danyang-Kunshan Grand Bridge in China is the longest in the world. It is 164,800m.

2. What are the 10 longest bridges in the world?
Ans. The 10 longest bridges in the world are Danyang Kunshan Grand Bridge, Changed Grand Bridge, Changhua Kaohsiung Viaduct, Tianjin Grand Bridge, Weinan Weihe Grand Bridge, Hong Kong Zhuhai Macao Bridge, Bang Na Expressway, Beijing Grand Bridge, Lake Pontchartrain Causeway, and Line 1, Wuhan Metro Bridge.

3. Where is the longest bridge in the world in 2021?
Ans. Danyang-Kunshan Grand Bridge is the longest bridge in the world in 2021.

4. What are the top five longest bridges?
Ans. The top five longest bridges are Beijing Grand Bridge, Bang Na Expressway, Weinan Weihe Grand Bridge, Tianjin Grand Bridge, and Danyang-Kunshan Grand Bridge.

Sanjiv Bajaj appointed as President of Confederation of Indian Industry

Chairman of Bajaj Finserv Limited, Sanjiv Bajaj has assumed the office of Confederation of Indian Industry (CII) President for the year 2022-23 after replacing the CEO of Tata Steel, TV Narendran. The newly constituted National Council of Confederation of Indian Industry (CII) at a meeting elected its new office-bearers for the year 2022-23.

Career of Sanjiv Bajaj:

Bajaj, an alumnus of the Harvard Business School in US, has been engaged with CII for many years at the State, Regional and National level. He was the President-Designate for 2021-22 and the Chairman of the Western Region during 2019-20.
He has several awards to his credit including AIMA’s Managing India Award’s Entrepreneur of the Year (2019), ET’s Business Leader of the Year (2018), Financial Express’ Best Banker of the Year (2017-18), Ernst & Young’s Entrepreneur of the Year (2017) and Transformational Leader Award at the 5th Asia Business Responsibility Summit (2017). He is also a recipient of the Business World’s Most Valuable CEOs in India for 2015 and 2016.

Other Appointments:

The Chairman and CEO of Hero MotoCorp Limited, Pawan Munjal has taken over as CII President-Designate for 2022-23. Executive Vice Chairman of TVS Supply Chain Solutions, R Dinesh has been appointed as a Vice President of CII.

Important Takeaways For All Competitive Exams:

Confederation of Indian Industry Founded: 1895;
Confederation of Indian Industry Headquarters: New Delhi, India;
Confederation of Indian Industry Director-General: Chandrajit Banerjee;
Confederation of Indian Industry Motto: Charting Change Enabling Development.

Italian Cup 2022: Inter Milan Beat Juventus

Inter Milan defeated Juventus 4-2 after extra time in the Italian Cup final. Ivan Perisic scored twice in extra time after Hakan Çalhanoglu had converted a controversial late penalty. Nicolò Barella scored the other goal for Inter. The Italian Cup final soccer match between Juventus and Inter Milan was held at the Stadio Olimpico in Rome, Italy.

Hakan Calhanoglu stepped up from the penalty spot with 80 minutes on the clock to force extra time before another spot-kick was converted by Ivan Perisic to put the Nerazzurri within touching distance of the trophy.

NITI Aayog- Features, Objectives, and Key Initiatives

NITI Aayog- National Institution for Transforming India

NITI Aayog, National Institution for Transforming India plays a very important role in the economic growth and development of the country. The aims of NITI Aayog are a “15-year road map”, “7-year vision, strategy, and action plan”, AMRUT, Digital India, Atal Innovation Mission, Medical Education Reform, Agriculture Reforms, Indices Measuring States performance in Health, Education, and water management, Sub-group of chief minister on rationalization of Centrally sponsored schemes, Sub-group of chief ministers on Swachh Bharat Abhiyan, Sub-group of chief minister on skill development, Taskforces in agriculture and up to poverty and transforming India Lecture series. NITI Aayog was founded in 2015, to replace the Planning Commission.

Features of NITI Aayogniti aayog internship 2022

It is a developing states-of-the-art resource center. It provides the necessary knowledge and skills which enables the promotion and innovative strategic policy vision for the government. It is supported by the following office’s Development Monitoring and Evaluation Organisation (DMEO), Atal Innovation Mission (AIM), and the National Institute of Labour Economics Research and Development (NILERD). The activities under the NITI Aayog can be divided into four main parts-

Policy and Program framework
Cooperative Federalism
Monitoring and Evaluation
Think Tank and Knowledge and Innovation Hub

Objectives of NITI Aayog

With the active involvement of the states, NITI Aayog aims to evolve a shared vision of national development strategies, sectors, and priorities.
To formulate credible plans to develop mechanisms at the village level and aggregate this progressively at higher levels of government.
To pay attention to the section of the society which is not benefited adequately from the economic progress
To design long-term policy and strategic programs and monitor the progress. The feedback from the monitoring will be used for making innovative improvements to the policies.
To provide advice between key stakeholders and national and international like-minded think tanks.
Through a collaborative community of national and international exports creating an Innovation and an entrepreneurial support system.
To accelerate the implementation of the development agenda it offers a platform for the resolution of intersectoral and interdepartmental issues.
To strengthen the probability of success and scope it actively monitors the implementation of programs and initiatives taken by the NITI Aayog.
For the implementation of initiative programs focuses on the upgradation of technology.
It aims to undertake other activities which are necessary for the development of the nation.

Members of NITI Aayog

The prime minister of India is the chairperson of NITI Aayog. The chief minister of all states is the governing council and the lieutenant governors of the union territories in India are also in the governing council. The regional council is created to address particular issues and possibilities affecting more than one state. These are formed for a particular issue faced by more than one state and for a fixed time regional councils work. The prime minister summons the regional council and it consists of the chief minister of state and lieutenant governors of Union territories. The eminent expert specialist of relevant domain knowledge is sometimes invited as a special invite and nominated by the prime minister.

The organizational framework includes the prime minister as the chairperson and a Vice-chairperson who is appointed by the prime minister. The members are full time and the part-time members are a maximum of 2 in number from universities leading research organizations and other innovative organizations in an ex-official capacity. Ex-official members are four in number, of the council of a minister who is to be nominated by the prime minister. The CEO will be appointed by the prime minister and he will be ranked as a secretary to the Government of India. The CEO is appointed for a fixed tenure.

Key initiative of NITI Aayog

– It is a one-stop destination for all information on electronic vehicles. The portal is developed and hosted by NITI Aayog under the collaborative knowledge exchange program with UK Government, as a part of the UK-India join to road map 2030 which is signed by the prime minister of both the countries. E-Amrit aims to create awareness among people to switch to electronic vehicles and sensitize consumers on the benefits of e vehicles. The portal helps the consumers to burst the myths about the adaptation of electronic vehicle investment, purchase, and policies. AMRIT means Accelerated E Mobility Revolution for India’s Transportation.
Women entrepreneurship platform– It is the first kind of access portal for women entrepreneurs which brings together women from different parts of India to build a nurturing ecosystem that aims to contribute to entrepreneurial aspirations. The idea of a women entrepreneurship platform was proposed by Shri Amitabh Kant, The CEO of NITI Aayog. He announced this program at the 8 global entrepreneurship summit in 2017.
Methanol economy– Methanol is a low carbon hydrogen carrier fuel that produces high as coal agricultural residue and CO2 from thermal power plants and natural gas. It is slightly lower in energy content compared to petrol and diesel but methanol can replace both of these fuses in the transport sector.
Strategy for new India– It was released on 19th December 2018 by finance minister Shri Arun Jaitley in the presence of vice-chairman Dr. Rajiv Kumar NITI Aayog. The strategy from new India establishes to achieve the goal of new India by 2022.
International corporation– NITI Aayog has collaborated with Australia, Russia, Saudi Arabia, Switzerland, China, and Singapore for international development.
Transforming India’s gold market– The major goals of transforming India’s gold market are Make in India in gold, financialization of gold tax, duty structure regulatory infrastructure, skill development, and technology up-gradation.

FAQs related to NITI Aayog

1. What is the role of NITI Aayog?
Ans. NITI Aayog is a policy think tank of the Government of India which provides directional and policy inputs. It designs strategic and long-term policies and programs for the Government of India and provides relevant technical advice to the central state and union territories.

2. What is the student entrepreneurship program of NITI Aayog?
Ans. The student entrepreneurship program is a development program for future technology leaders and entrepreneurs.

3. Who are the members of NITI Aayog?
Ans. The chairman of NITI Aayog is the prime minister and the vice-chairman is nominated by the prime minister. The NITI Aayog council consists of chief ministers and lieutenant governors of all union territories.

4. What is NITI Aayog’s one district product policy?
Ans. One district one product policy is a recent agenda of NITI Aayog it is extended to boost export at the district level.

Union Bank of India launches Online Platform ‘Trade nxt’

The Union Bank of India (UBI) has launched an online platform, ‘Trade nxt’, which enables corporate, and MSMEs (Micro, Small & Medium Enterprises) to transact all cross-border export-import transactions from the comfort of their place, i.e. eliminates the need for companies to visit a bank branch for the same. It offers seamless entry and processing of letters of credit (LC), bank guarantees, export/import bills, disbursement of export credit, outward & inward remittances, dealer financing etc.

About the ‘Trade nxt’ platform:

‘Trade nxt’ platform will also enable the regulatory online auto reporting through Import Data Processing & Monitoring System (IDPMS), Export Data processing & Monitoring System (EDPMS) and other statutory reporting to Overseas Direct Investment (ODI)/ Foreign Direct Investment (FDI)/ Liberalised Remittance Scheme LRS) which will make the process much more convenient.

Important Takeaways For All Competitive Exams:

Union Bank of India Managing Director & CEO: Rajkiran Rai G;
Union Bank of India Merged Banks: Andhra Bank, and Corporation Bank;
Union Bank of India Headquarters: Mumbai, Maharashtra.

In Manipur, the Indian Army will open a coaching center for poor pupils

The Indian Army has started providing residential tutoring to children from economically disadvantaged and deprived areas of the northeast to prepare them for all-India competitive tests such as engineering and medical admission.

The Indian Army’s Red Shield Division has inked a tripartite Memorandum of understanding with enterprise partner State Bank of India Foundation and mentoring partner National Integrity and Educational Development Organization to develop the Red Shield Centre for Excellence and Wellness, according to Lt Col Mohit Vaishnava, a spokesman for the Indian Army’s Red Shield Division.

The centre will be in the Manipur’s Bishnupur district.According to Lt Col Vaishnava, the scheme should be completely operational for the first batch of 50 students by the first week of July.
The MoU signing ceremony was attended by Manipur Governor La Ganesan, GOC Red Shield Division Maj Gen Navin Sachdeva, and others.

According to the GOC Red Shield Division, the Indian Army has stayed at the forefront of nation building and has consistently contributed across a wide range of disciplines, particularly in the area of young empowerment.

Important Takeaways For All Competitive Exams:

Manipur Governor: La Ganesan
GOC Red Shield Division Maj Gen Navin Sachdeva

Madhya Pradesh Startup Policy launched by Prime Minister Modi

Prime Minister Narendra Modi announced the Madhya Pradesh Startup Policy and spoke to the startup community via video conferencing at the Madhya Pradesh Startup Conclave in Indore. The Prime Minister also unveiled the Madhya Pradesh Startup Portal, which would ease and promote the startup environment in the state.

The event will be attended by Chief Minister Shivraj Singh Chouhan, as well as key officials and entrepreneurs. According to the official, Madhya Pradesh has 1,937 start-ups recognised by the Union government, with women running 45 percent of them.

Various pillars of the startup ecosystem will be represented at the Madhya Pradesh Startup Conclave, including government and private sector policymakers, innovators, entrepreneurs, academicians, investors, mentors, and other stakeholders.

It featured a number of sessions, including:

A speed mentoring session in which startups interacted with leaders from educational institutions and the startup community.
A how to start a startup session in which policymakers guided startups.
A funding session in which entrepreneurs learned about various funding methods.
A pitching session in which startups had the opportunity to collaborate with investors and pitch their ideas for funding.
An ecosystem support session in which startups were guided by policymakers.

Important Takeaways For All Competitive Exams:

Chief Minister of Madhya Pardesh: Shivraj Singh Chouhan

Morgan Stanley cuts India’s FY23 growth forecast to 7.6%

Morgan Stanley downgraded India’s growth forecast to 7.6% from 7.9% for FY2023 amid a slowdown in global growth, higher commodity prices and risk aversion in global capital markets. This 7.6% forecast is a baseline forecast for India while its bearish and bullish growth projections are 6.7% and 8%, respectively.

Key points:

For FY24, it lowered its growth forecast to 6.7% from the 7% estimated earlier.
However, the Indian economy will expand at above pre-pandemic growth rates in FY23 and FY24.
On the global front, it projected growth at 2.9% in the calendar year 2022 as compared to 6.2% growth in 2021.
Within Asia, India would be the economy which will be most exposed to upside risks to inflation.
CPI (Consumer Price Index) inflation is expected to be 6.5% for FY23.
The current account deficit to widen to a 10-year high of 3.3% of GDP (Gross Domestic Product) in FY23.

State of Chhattisgarh to reinstate an old pension scheme

In his Budget statement, Chhattisgarh Chief Minister Bhupesh Baghel announced the government’s plan to revert to the old pension scheme (OPS) for state employees and quadruple the monthly MLA local area development money. He carried the Budget papers in a cow dung powder briefcase.

KEY POINTS:

Over three lakh individuals who started work after January 1, 2004 will profit from the change. It will not, however, apply to members of the All India Services, such as the Indian Administrative Service and the Indian Police Service.
The fundamental distinction between the two pension systems is that, while an employee must make a voluntary contribution to their pension by deducting 10% of their basic income and dearness allowance, there is no such deduction under OPS.
The Chief Minister proposes in this Budget to restore the former pension programme for government employees.
The Chhattisgarh Rojgaar Mission will be given a sum of 2 crore to work on the prospects of creating new jobs through coordinating skill development programmes.

Important Takeaways For All Competitive Exams:

Chhattisgarh Chief Minister: Bhupesh Baghel

India Contributes USD 800,000 To Promote the Hindi Language At UN

The government of India has contributed USD 800,000 to the United Nations(UN) as part of the initiative which aims to enhance public outreach of the organisation in Hindi. R Ravindra, India’s Deputy Permanent Representative to the United Nations, handed over a cheque for the ‘Hindi @ UN’ project to Mita Hosali, Deputy Director and Officer-In-Charge (News and Media Division), UN Department of Global Communications (DGC).

About the ‘Hindi @ UN’ project:

The project was launched by India in 2018 in collaboration with the UN Department of Public Information to disseminate information about the UN to the Hindi-speaking population across the world. Since 2018, India has been partnering with the UN DGC by providing an extra-budgetary contribution to mainstream news and multimedia content of DGC in Hindi.

Eminent Sanskrit and Hindi Scholar, Padma Shri Dr Rama Kant Shukla Passes Away

Padma Shri Dr Rama Kant Shukla, a profound Sanskrit and Hindi Scholar, has passed away in Aligarh, Uttar Pradesh(UP). He was born in Khurja city in Bulandshahr district, UP. Dr Rama Kant Shukla is the founder and general secretary of Devavani Parishad in Delhi, and the founding chairman and editor of “Arvacinasamskrtam”, a quarterly journal in Sanskrit. He was conferred the titles of Sanskrit Rashtrakavi, Kaviratna, and Kavi Siromani by literary and Sanskrit organizations.

Awards:

The Government of India(GoI) honoured him with Padma Shri in 2013 for literature and education.
In 2009, He was honoured with the President’s Award under the Sanskrit category.
He has also received the Sahitya Academy Award in 2018 under Sanskrit Category for poetry “Mama Janani”.
He has also been honoured with the UP Government’s State Award; Sanskrit Rashtrakavi; Kalidas Samman; Delhi Sanskrit Academy’s Akhil Bharatiya Maulika Sanskrit Rachana Puraskara, the Sanskrit Samaradhaka Puraskara, and others.

Books: He has authored several books of poetry, and studies of Sanskrit texts and Indology.