Schemes
2. PM Modi announced PM-SHRI Yojana on National Teachers Day
- PM Modi has announced that 14,500 schools across the country, will be developed and upgraded under the Pradhan Mantri Schools For Rising India (PM-SHRI) Yojana.
- These PM-SHRI schools will become model schools which will summarize the full spirit of National Education Policy (NEP).
- These schools will provide modern infrastructure including latest technology, smart classrooms, sports and more.
- This initiative will benefit lakhs of students in the spirit of NEP.
National Affairs
3. External debt of India rises by 8.2% to over $620 bn till Mar 2022
- The external debt of India has been increased by 8.2% from USD 573 billion (March 2021) to over USD 620 billion (March 2022).
- Report title: 28th edition, Status Report on India’s External Debt 2021-22
- Released by: Department of Economic Affairs
- The External debt as a ratio to GDP fell marginally to 19.9% (2022) from 21.2% (2021).
- The Commercial borrowings, NRIs deposits, short-term trade credit and multilateral loans together accounted for 90% of the total external debt
Science & Technology
4. India, Australia sign six MoUs at Bangalore Space Expo
- Australia and India have signed six space industry MoU at the Bengaluru Space Expo (BSX) 2022.
- HEX20 - Skyroot Aerospace: For launch services, spacecraft avionics and components for Australian space initiatives.
- QL Space - Skyroot Aerospace: To develop launch facilities in Australia and support joint mineral exploration missions in space
- QL Space - GalaxEye: To develop a hybrid optic and radar payload
- QL Space - SatSure: To build satellite and Al-based solutions
State Affairs
5. Tamil Nadu Government launched Pudhumai Penn for girl students
- Tamil Nadu CM, M K Stalin has launched the ‘Pudhumai Penn’ (modern woman) scheme for state's girl students.
- Under this scheme, all girl students, who studied from Classes 6 to 12 in government schools, will get Rs 1,000 per month to pursue higher education.
- The money will be directly transferred to the bank accounts of students.
- Aim: Reduce child marriages and make women independent
- The government has also launched 26 Schools of Excellence and 15 Model Schools.
Banking & Finance
6. CCI approves PayU's $4.7 billion BillDesk acquisition
- The Competition Commission of India (CCI) has approved the $4.7 billion acquisition deal between PayU (backed by Prosus) and online payments firm, BillDesk.
- The commission has cleared the acquisition of 100% of the equity share capital of http://IndiaIdeas.com (BillDesk) by PayU Payments.
- The PayU-BillDesk deal is pegged as the second-largest buyout in the Indian internet sector after Walmart’s $16 billion acquisition of ecommerce major Flipkart in 2018.
National & International Appointments
7. Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO
- The Board of Directors of Tamilnad Mercantile Bank Ltd has approved the appointment of veteran banker, Krishnan Sankarasubramaniam (aka S Krishnan) as the Managing Director & CEO with effect from 4th September 2022 for a term of 3 years.
- He has replaced present MD & CEO, K V Rama Moorthy, whose tenure ended on 3rd September 2022.
- Earlier, he was the MD & CEO of Punjab and Sind Bank from 4th September 2020 to 31st May 2022.
Obituaries
8. Carnatic vocalist T.V. Sankaranarayanan passes away
- Renowned Carnatic musician, TV Sankaranarayan has passed away at the age of 77 due to cardiac arrest.
- He was the tourchbearer for Madurai Mani lyer style of Carnatic music.
- He had shared several stages with Madurai Mani lyer.
- He won the Madras Music Academy's Sangeeta Kalanidhi Award in 2003 and was honored with the Padma Bhushan in 2003.
- He was the son of musicians Tiruvalangal Vembu lyer and Gomati Ammal.
National Affairs
9. Centre decides to rename the Rajpath as Kartavya Path
- The Centre has decided to rename Rajpath and Centre Vista lawns stretching from the Rashtrapati Bhavan to India Gate as ‘Kartavya Path’.
- PM Modi, will inaugurate the entire stretch on September 8, 2022, that has been renovated under the government’s ambitious Central Vista redevelopment project.
- The New Delhi Municipal Council (NDMC) has convened a special meeting on September 7 and the proposal will be placed before it.
- Rajpath was known as Kingsway during British Rule.
Science & Technology
10. ISRO successfully test Inflatable Aerodynamic Decelerator
- Indian Space Research Organisation (ISRO) has successfully demonstrated a new technology with Inflatable Aerodynamic Decelerator (IAD).
- It was designed and developed by ISRO's Vikram Sarabhai Space Centre (VSSC).
- IAD is a game-changer with multiple applications for future missions including to Mars and Venus.
- The IAD was successfully test flown in a 'Rohini' sounding rocket from Thumba Equatorial Rocket Launching Station.
- ISRO chairman: S. Somanath
Honours & Awards
11. Barack Obama wins Emmy award for his narration in Netflix documentary
- The former President of the US, Barack Obama has won Emmy Award for his narration in the Netflix documentary “Our Great National Parks".
- The documentary has been released in five-parts, and produced by Barack and Michelle Obama's production company “Higher Ground".
- He has already won two Grammys and is now halfway to an EGOT- the achievement i.e. an Emmy, a Grammy, an Oscar, and a Tony
- Barack Obama is 2nd US President to win Emmy, after Dwight D Eisenhower.
National & International Appointments
12. Captain B K Tyagi appointed as new CMD of Shipping Corporation of India
- Capt. B. K. Tyagi has assumed charge as Chairman & MD of the Shipping Corporation of India Ltd (SCI) on 3rd September, 2022.
- Prior to this, he was the director, who was looking after the liner and passenger services division at SCI.
- He started his career as a trainee nautical officer and sailed on board various ships in different ranks including as master in SCI in 1990.
- SCI is a Navratna CPSE under the Ministry of Ports, Shipping & Waterways (MoPSW).
National Affairs
13. UIDAI tops Grievance Redressal Index in August 2022
- Unique Identification Authority of India (UIDAI) has topped all Ministries/Departments for resolving Public Grievances in the ranking.
- Month: August 2022
- Report published by: Department of Administrative Reforms and Public Grievances
- UIDAI has been a top performer in resolution of cases received through Centralized Public Grievance Redress and Monitoring System.
- Its robust grievance redressal mechanism is enable to resolve around 92% of CRM Grievances within 7 days.
===========================
Download the BYJU’S Exam Prep App NOW
The most comprehensive exam prep app.
If you are aiming to crack CAT and other MBA Exam, join BYJU'S Exam Prep Online Classroom Program where you get :
- Live Courses by Top Faculty
- Daily Study Plan
- Comprehensive Study Material
- Latest Pattern Test Series
- Complete Doubt Resolution
- Regular Assessments with Report Card
#DreamStriveSucceed
Comments
write a comment