Daily GK Update: 7th March 2022

By Md Mansur Alam|Updated : March 7th, 2022

 Defense

1. 9th edition of India-Sri Lanka naval exercise SLINEX begins today

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  • The 9th edition of Sri Lanka-India Naval Exercise SLINEX will begin today in Visakhapatnam.
  • The exercise will be conducted in two phases-the harbour phase at Visakhapatnam followed by the sea phase the Bay of Bengal
  • SLINEX aims to enhance inter-operability, improve mutual understanding and exchange best practices and procedures for multi-faceted maritime operations between both navies.
  • Harbour Phase would include professional, cultural, sporting, and social exchanges.
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 Agreement

2. JSW Energy signs power purchase agreement with HPPC

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  • JSW Energy’s Kutehr project has signed a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for supply of 240 MW hydro power.
  • The PPA is valid for a period of 35 years which can be further extended at mutually agreed terms.
  • The PPA was signed at a levelised ceiling tariff of ₹4.50/kWh (at ex bus-bar).
  • The PPA capacity was selected through competitive bidding underexpression of interest invited by the HPPC in July 2018.
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 Banking & Finance

3. FICCI Ladies Organisation to inaugurate industrial park in Hyderabad

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  • To mark the 20th anniversary of the FICCI Ladies Organisation (FLO) and International Women’s Day, a 50-acre exclusive industrial park for women entrepreneurs is all set to be inaugurated in Hyderabad.
  • The FLO Industrial Park, which already has 25 women-led enterprises from diverse sectors, is being taken up in association with the Telangana State Industrial Infrastructure Corporation (TSIIC) and the Federation of Indian Chambers of Commerce and Industry (FICCI).
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 Important Dates

4. Jan Aushadhi Diwas 2022: 7th March

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  • Every year on 7th March, India celebrates Jan Aushadhi Diwas.
  • This year marks the 4th edition of Janaushadhi Diwas.
  • The day is celebrated to educate the general public about the benefits of the Jan Aushadhi Pariyojana.
  • This year's event is a week-long affair that began on March 1 and will end on March 7, 2022.
  • The event is an initiative by the Department of Pharmaceuticals which functions under the Ministry of Chemicals and Fertilizers.
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 National & International Appointments

5. CII Maharashtra elects Sriram Narayanan as chairman

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  • Confederation of Indian Industry (CII) Maharashtra State Council has elected Sriram Narayanan, Managing Director, Endress+Hauser (India) Automation Instrumentation as the New Chairman of CII Maharashtra State Council 2022-23.
  • Robin Banerjee, Managing Director, Caprihans India Limited has been elected as vice-chairman of CII Maharashtra State Council.
  • Mr Narayanan succeeds Sudhir Mutalik, Founder & Managing Director, Positive Metering Pumps. 
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 Summits & Conferences

6. India Global Forum (IGF) annual summit held in Bengaluru

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  • India Global Forum’s (IGF) annual summit is being organized in Bengaluru. 
  • The theme of the summit is ‘The New India Inc.’
  • The summit will bring together eminent faces of tech-driven disruption and those who have joined the unicorn club along with Union ministers, policymakers, and global business leaders.
  • This comes as the first-of-its-kind confluence, particularly after the incentives announced by Finance Minister Nirmala Sitharaman in the budget.
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 National Affairs

7. India adds record 10 gigawatt solar capacity in 2021: Report

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  • In the report titled 'Annual 2021 India Solar Market Update' published by Mercom India Research, India installed a record 10 GW of solar capacity during the calendar 2021.
  • It registered a year-on-year rise of 212%
  • The country had made 3.2 GW of solar capacity installations during 2020.
  • Cumulative solar installed capacity in India was approx 49 GW at the end of Dec 2021. 
  • In 2021, Rajasthan led the capacity addition with 4.5 GW of solar capacity installed.
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 Banking & Finance

8. Bharti Airtel, Axis Bank announce strategic partnership

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  • Bharti Airtel and Axis Bank announced a strategic partnership to introduce a series of innovative financial offerings and digital services. 
  • These include a co-branded credit card, pre-approved instant loans, and Buy Now Pay Later offerings.
  • ‘Airtel Axis Bank Credit Card’ has been launched to offer a host of benefits such as cashback, special discounts, digital vouchers and complimentary services to Airtel customers.
  • Airtel tagline:  'Express Yourself'
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 Books & Authors

9. ‘The Blue Book’ authored by by Amitava Kumar

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  • Indian writer and journalist Amitava Kumar has authored a book titled The Blue Book: A Writer’s Journal’.
  • The book has been published by HarperCollins India.
  • The Blue Book is a landmark work of ‘self-writing’, or what Michael Foucault would have called ‘hypomnemata’—a memory book with hybrid literary and artistic parentage.
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 National Affairs

10. India’s first green charging station in the pipeline

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  • In a first-of-its-kind initiative, the National Highway for Electric Vehicle (NHEV) is constructing a green charging hub along the Jaipur-Delhi-Agra E-highway.
  • NHEV is an organization for promoting the electrification of the country's transportation systems
  • The new initiative is unique in a way of using green construction techniques for such Electric Vehicle (EV) stations with net-zero carbon infrastructure.
  • In 2022, 2 EV charging stations were inaugurated in Gurugram
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 Obituaries

11. Former Army Chief Gen Sunith Francis Rodrigues passes away

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  • The 15th Chief of the Army Staff General (retd) Sunith Francis Rodrigues passed away.
  • He headed the Indian Army between 1990 and 1993 and served as the governor of Punjab between 2004 and 2010.
  • Known as a thinker and strategist, he leaves behind a legacy of utmost dedication and service to the nation.
  • He served two terms on the National Security Advisory Board.
  • The 32nd Chairman of the Chiefs of Staff Committee from 1 August 1991 – 30 June 1993.
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Daily GK Update: 7th March 2022

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