Daily Current Affairs 05/09/2022
Important News: National
NPPA launches apps to enhance the ease of doing business
Why in News:
- The National Pharmaceutical Pricing Authority (NPPA) debuted the Pharma Sahi Daam 2.0 App and Pharmaceutical Database Management System 2.0 during the silver Jubilee festivities.
Key Points:
- Over the years, the National Pharmaceutical Pricing Authority has offered high-quality goods.
- A cloud-based application called Integrated Pharmaceutical Database Management System 2.0 (IPDMS) was created by NPPA with assistance from the Center for Advanced Computing (C-DAC).
- It can maximize operational synergies to strengthen the government's focus on "Ease of Doing Business."
- For the filing of multiple forms required by the Durg Price Control Order, IPDMS will offer a single window (DPCO).
- IPDMS enables NPPA's paperless operation and makes it possible for stakeholders to communicate with it from anywhere in the nation.
- Speech recognition, a share button, and medicine bookmarking are among the new and improved features of Pharma Sahi Daam 2.0, which is available in both Hindi and English.
- The redesigned Pharma Sahi Daam 2.0 app gives users and customers the option to file a complaint.
- The software was released by the National Pharmaceutical Pricing Authority (NPPA), and both iOS and Android versions are supported.
Source: Indian Express
IILM University: Law School is India's first NEP 2020 compliant law school
Why in News:
- The IILM University has opened the nation's first National Education Policy 2020 (NEP 2020) Grievance Law School.
Key Points:
- The Bar Council of India and the Government of Uttar Pradesh have both approved and recognized IILM University (BCI).
- The interdisciplinary teaching and training methods used by IILM University are compliant with NEP 2020, which gives IILM Law School instructions on how to carry out its practical projects in order to meet its objectives and intended experiential learning.
- With its well-designed Moot Courtrooms, e-conference and seminar rooms, mock-trial events, counseling rooms, and medicine and mediation practice centers, IILM University provides a comfortable setting for learning.
- A "Credit Based Choice System" is the cornerstone of IILM University's evaluation procedures.
- Students have numerous chances for self-selective and self-monitored learning under the strategy used by IILM University.
- Students are given options to intern during their five-year degree in NGOs, law firms, the Supreme Court, the High Courts, the District Courts, and corporate buildings. "Produce a strong legislative, executive, judicial system and qualified law practitioners to support the corporate and social sectors so that they can deliver the best for India," is the primary goal of IILM.
Source: Business Standard
Adobe and AICTE to collaborate to promote digital literacy in India
Why in News:
- To develop digital innovation capabilities throughout the nation, Adobe and the All-India Council for Technical Education (AICTE) have partnered.
Key Points:
- In accordance with the agreement's conditions, Adobe will educate instructors, develop lesson plans, and integrate digital creativity into the curriculum to give kids the basic creative and digital literacy skills they need.
- The alliance aspires to provide essential digital creativity skills to more than 75,000 teachers working in 10,000 institutions of higher education by the year 2024.
- In order to achieve its goal of making India the world's skill capital, the country must promote its digital and creative capacities.
- In order to achieve its goal of making India the world's skill capital, the country must promote its digital and creative capacities.
- In addition to giving teachers and students the contemporary skills they need to flourish in a post-pandemic, digital-first future, Adobe seeks to boost the nation's skills ecosystem.
- Pratibha Mohapatra is the Vice President and Managing Director of Adobe India, and Anil Sahasrabuddhe is the Chairman of the AICTE.
Source: Times of India
Important News: State
Karnataka introduces Ventures Global Startup Challenge
Why in News:
- The Government of Karnataka has announced the Ventures Global Startup Challenge, a global startup competition.
Key Points:
- The Venturers Global Startup Challenge was created to support business owners in the manufacturing and sustainable industries.
- The global startup will give entrepreneurs from all around the world a platform to showcase their cutting-edge products or solutions and forge connections with possible investors.
- The Global Investors Meet - Invest Karnataka 2022, which will take place in Bengaluru from November 2 to 4, has accepted Ventures as a participant.
- A 100,000 Dollar cash prize will be awarded to the Ventures Global Startup Challenge winners.
- In order to position Karnataka as a top location for startups in the manufacturing and sustainability sectors, the Ventures logo launching ceremony will promote the state.
- Over 2,000 applications are predicted to be submitted for the startup challenge.
Source: Livemint
Important Awards
Hardeep S. Puri presents Smart Solutions Challenge and Inclusive Cities Awards 2022
Why in News:
- The Minister of Housing and Urban Affairs and Petroleum and Natural Gas, Hardeep Singh Puri, presented the Smart Solutions Challenge and Inclusive Cities Awards 2022.
Key Points:
- The National Institute of Urban Affairs (NIUA) and the United Nations (UN) in India have launched the Smart Solutions Challenge and Inclusive Cities Awards.
- The effort was started to address issues with accessibility and inclusion at the city level for senior people, women, girls, and people with disabilities (PWDs).
- The Smart Solutions and Inclusive Cities Awards 2022 were created with the intention of supporting fresh technology breakthroughs and solutions from within the company.
- Following a thorough round of screening and shortlisting by a 7-member judging panel, the top 10 technology-based innovations from among the over 100 entries received in response to an open call for proposals were chosen as the winning solutions.
- The top ten technologically based approaches recognized by the Inclusive Cities Award 2022 include:
- Category 1: Early-Stage Innovations
- Category 2: Ready to Market Solutions
- Category 3: Implemented Solutions
Source: The Hindu
Important News: Economy
India overtakes the UK to become the 5th largest economy in the world
Why in News:
- India is now the world's fifth-largest economy, surpassing Britain, according to a study published by Bloomberg.
Key Points:
- The Indian economy is anticipated to expand by more than 7% this year, according to Bloomberg.
- The size of the Indian economy in "normal" cash terms for the March quarter was USD 845.7 billion, whereas the size of the UK was USD 816 billion on the same basis and adjusted based on the dollar exchange rate on the last day of the relevant quarter.
- According to the IMF's own projections, India has surpassed the UK in dollar terms this year on an annual basis, overtaking other Asian economic giants like the US, China, Japan, and Germany.
- India has ranked 11th among the world's top economies a decade ago, while the UK was placed fifth.
- India experienced growth of 8.7% in the years 2021–2022.
- The RBI has predicted a growth rate of 7.2 percent for the current fiscal year.
- The entire value of finished goods and services produced within a nation's boundaries over a given time period, often a year, is calculated as the gross domestic product (GDP).
- The most common method for determining the size of an economy is to utilize GDP. The expenditure approach is commonly used to compute GDP, which totals the value of newly purchased consumer items, newly made investments, government spending, and net exports (exports minus imports).
- These are the nations with the greatest nominal GDPs in the world, according to the International Monetary Fund:
- United States (GDP: 22.49 trillion)
- China (GDP: 16.4 trillion)
- Japan: (GDP: 5.27 trillion)
- Germany: (GDP: 4.30 trillion)
- India: (GDP: 3.21 trillion)
- United Kingdom: (GDP: 3.2 trillion)
- France: (GDP: 2.78 trillion)
- Italy: (GDP: 2.07 trillion)
- Brazil: (GDP: 1.87 trillion)
- Canada: (GDP: 1.71 trillion)
Source: Economic Times
Important News: Defence
Home Minister Amit Shah to unveil "CAPF eAwas" web portal in Delhi
Why in News:
- Amit Shah, the home minister, will unveil the Central Armed Police Forces' eAwas web platform.
Key Points:
- The Indian government has started the "Ayushman CAPF" initiative in an effort to give families of fallen troops access to better medical care.
- As a result of this CAPF e-Awas scheme, nearly 35 lakh Ayushman cards have been distributed to one million military members.
- The Government of India has already used this initiative to pay about 56 thousand bills totaling more than Rs 31 crore.
- According to the CAPF eAwas, the government wants to raise the housing satisfaction rate from 33% in 2014 to 73% by 2024.
- An integrated web portal called "CAPF e Awaas" has been developed to enhance transparency in the allocation process and better administer the allocation policy.
- The web service enables qualified members of the CAPF and Assam Rifles to register online and receive housing allocation.
Source: Indian Express
Important Personality
The Canadian city of Markham has named a street after music composer AR Rahman.
Why in News:
- The Canadian town of Markham has the honor of renaming a street after Oscar-winning musician AR Rahman.
Key Points:
- One of the most adored musicians in the world is AR Rahman.
- Rahman, who is referred to as the Mozart of Madras, is responsible for numerous timeless hit songs and compositions.
- Beginning his career with Mani Ratnam's Roja, AR Rahman has only become better.
- Dil Se, Jai Ho, Ek Ho Gaye Hum Aur Tum, Rang De Basanti, and A Harathe are a few of AR Rahman's well-known and award-winning songs.
- Indian film composer, record producer, performer, and songwriter Allah Rakha Rahman primarily composes for Indian films (particularly Tamil and Hindi films) but also occasionally works on foreign films.
- The Indian government gave AR Rahman the Padma Bhushan in 2010, which ranks as the third-highest civilian honor in the nation.
- Rahman has won fifteen Filmfare Awards and seventeen Filmfare Awards South in addition to six National Film Awards, two Academy Awards, two Grammy Awards, two BAFTA Awards, two Golden Globe Awards, one BAFTA Award, and two Grammy Awards.
Source: Economic Times
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