16.03.22 CGPSC Daily Current Affairs

CHHATTISGARH
Baghel on accelerating eco growth with SDGs
Chhattisgarh Chief Minister BhupeshBaghel on Sunday held a discussion with experts from the Netherlands and the US on possibilities of accelerating economic growth with the achievement of the Sustainable Development Goals.
Vikas Mehta (US), CEO SED Fund, Dr. Kartikeya Singh (Netherlands), Deputy Director, SED Fund, and Ritvika Bhattacharya, CEO, Swaniti Initiative, called on the Chief Minister here.
The advisor to the Chief Minister and Vice Chairman of the Chhattisgarh Green Council, Pradeep Sharma, was also present.
The discussion revolved around the prospects of establishing new industries on the lines of sustainable development goals. This would help eliminate the ill effects of climate change.
The Chief Minister briefed about the steps undertaken to strengthen the rural economy in Chhattisgarh. He pointed out that GodhanNyayYojana had been instrumental in converting cow dung into vermi-compost and other products.
The conversion of Gauthans as Rural Industrial Parks was aimed at protecting the environment.
He added that electricity generation and paint making was also being started from cow dung. All these activities have opened new opportunities of employment and income to the villagers, especially women.

INTERNATIONAL

Saudi schools to introduce yoga as a sport soon

Yoga will soon be introduced in schools in Saudi Arabia as part of the sports curriculum due to its significance for mental and physical health, the president of the Saudi Yoga Committee, Nouf Al-Marwaai, said. Notably, the commerce ministry approved the teaching and practice of yoga as a sport in the Kingdom in 2017.

With the cooperation of the ministry of education, the president said that yoga will be introduced in the curriculum because of its multitude of health benefits. Earlier this week, there was an introductory lecture highlighting the cooperation between the Saudi Yoga Committee and the Saudi School Sports Federation.

Permanent Normal Trade Relations (PNTR)
U.S. and others in the Group of Seven (G7) advanced economies would end normal trade relations, known as Permanent Normal Trade Relations (PNTR) with Russia as it pursues its invasion of Ukraine.
PNTR is USA’s version of Most Favored Nation (MFN).
In international trade, MFN status (or treatment) is awarded by one nation to another.
Most Favoured Nation status designation means two countries have agreed to trade with each other under the best possible terms: low tariffs, few barriers to trade and the highest possible imports allowed.
A nation with MFN status will not be discriminated against and will not be treated worse than any other nation with MFN status.
In USA’s case, granting of permanent normal trade relations status is automatic, except where specifically denied by law.

NATIONAL

National Vaccination Day: 16 March

Every year, March 16 is observed as National Vaccination Day in India to increase the importance of vaccines in the human health system. The Covid-19 has made us understand the importance of vaccines and their role in benefitting our lives.
This day creates awareness regarding how effective vaccination is to prevent deadly diseases. Mostly, this day celebrates India’s victory over polio disease along with an improvement in the health and life expectancy of an individual.

The first dose of oral polio vaccine got started in the year 1995 in India.

IIFL securities launches primary markets investment platform OneUp

IIFL Securities on Friday launched ‘OneUp’, India’s first primary markets investment platform for investing in initial public offerings (IPOs), non-convertible debentures (NCDs) and sovereign gold bonds (SGBs), among others.

As per the brokerage, on the OneUp platform, the IPO applications are accepted 24×7 and up to three days before the IPO bidding opens. Another unique feature of the OneUp platform is that it allows investors to place bids for others as well, be it, friends or family members, which can increase chances of allotment.

Delhi Government launched Online portal ‘My EV’

An online portal “My EV” was launched by the Delhi government for the purchase and registration of electric autos in Delhi.

The portal is accessible to all users on the website of the Delhi government’s transport department.
The portal will enable holders of the Letter of Intent (LoI) to purchase electric autos and also claim the incentives provided by the Delhi government. Around 4,261 Letters of Intent (LoIs) for electric autos are being given by the Delhi government. Also, there is a 33% reservation provided for women.
The online portal will ensure that the interest subvention on the loans is provided to beneficiaries via a smooth automated channel.

The ‘My EV Portal’ is an online portal developed by the Delhi government in collaboration with Convergence Energy Services Limited (CESL).

An Employment initiative Capital Employer

The Capital Employer Initiative is a programme financed by the Ministry of Rural Development (MoRD) under the DeenDayalUpadhyayaGrameenKaushalyaYojana (DDU-GKY), which is a nationwide placement-linked skill training program.

Captive Employer’, is a first of its kind initiative that is aimed at addressing the vision of a demand-based and dynamic skilling ecosystem that caters to the requirements of the industry while assuring sustainable placements for the rural poor youth of the country. Under this initiative, post-training placement of candidates for at least six months with a minimum CTC of Rs 10,000 has been assured.