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Daily Current Affairs – September 06, 2023

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Daily Current Affairs - Banking - September 06, 2023

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National News

Malaviya Mission - Teachers Training Programme

  • Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched the Malaviya Mission – Teachers Training Programme by the University Grants Commission at Kaushal Bhawan, New Delhi.
  • He also inaugurated the Portal of the Programme and released its information brochure.
  • Organised by the University Grants Commission, in association with the Ministry of Education, the Malaviya Mission – Teacher Training Programme aims to provide tailored training programmes for teachers.
  • This programme will work for the capacity building of faculty members in higher educational institutions.
  • This programme will ensure continuous professional development and help in building capacities of 15 lakh teachers of HEIs through 111 Malaviya Mission centres across India in a time-bound manner.
  • Ministry of Skill Development and Entrepreneurship – Dharmendra Pradhan,Union Minister (Rajya Sabha MP,MP) – Rajeev Chandrasekhar,Minister of State (Rajya Sabha MP,Karnataka)

G20 Tourism and SDG Dashboard

  • Ministry of Tourism in collaboration with the United Nations World Tourism Organization (UNWTO), unveiled the G20 Tourism and SDG Dashboard.
  • Shri G. Kishan Reddy, virtually launched the dashboard.
  • The dashboard is a testament to India’s commitment to sustainable tourism.
  • It showcases best practices, case studies, and insights from G20 countries, all modeled for achieving the Sustainable Development Goals (SDGs).
  • This dashboard is a lasting legacy of India’s G20 Presidency, reflecting its dedication to global collaboration and sustainable growth in the global tourism industry.
  • Ministry of Tourism – Gangapuram Kishan Reddy,Union Minister (Secunderabad,Telangana) – Shripad Naik, Minister of State (North Goa,Goa) & Ajay Bhatt, Minister of State (Nainital–Udhamsingh Nagar,Uttarakhand)

World's tallest Nataraja statue

  • The world’s tallest Nataraja statue has been installed at Bharat Mandapam, the venue of the G20 summit in Delhi.
  • The 28-foot-tall statue weighing 20 tonnes was made in a record time of seven months by sculptor Radhakrishnan Sthapathy and his team at Swamimalai in Thanjavur District of Tamil Nadu.
  • The statue was built in Ashtadhatu (8 metals) using the traditional casting method.

State News

Patel Engineering joint venture project in Madhya Pradesh

  • Patel Engineering Limited (PEL) joint venture had bagged a Rs 1,275.30 crores order in Madhya Pradesh.
  • The contract was awarded by Madhya Pradesh Jal Nigam, Patel Engineering said, adding its share in the JV project is Rs 446.36 crore.
  • The engineering, procurement and construction (EPC) project includes testing, commissioning, trial run and operations and maintenance.
  • It is expected to be completed in 24 months, and its operations and maintenance will be carried out for 10 years.
  • Madhya Pradesh – Bhopal (Capital) – Shivraj Singh Chouhan (CM) – Mangubhai C. Patel (Governor) – Hindi (Language)

Banking and Finance

Indian Bank collaborated with IBM

  • Indian Bank has collaborated with International Business Machines Corporation (IBM) to deploy future ready infrastructure to enhance scalability and agility.
  • The bank wanted to consolidate its front branch servers for better manageability and availability at Data Centres and Disaster Recovery centres under their ‘Project Paradise’ initiative.
  • Project Paradise initiative of Indian Bank refers to Performance Augmentation by Resource Aggregation in Distributed Environment.
  • IBM has collaborated with Indian Bank, to accelerate its modernisation path with flexible and secure infrastructure for deploying new front-end banking applications, while addressing the business growth of the Core Banking Solution workloads of the bank.
  • Indian Bank – 15/08/1907 (Founded) – Chennai (HQ) – Shanti Lal Jain (MD & CEO) – “Your Own Bank”

Federal Bank unveiled WhatsApp Lending Platform

  • Federal Bank Ltd. had announced the introduction of what it called WhatsApp Lending Platform through which customers can apply for pre-approved personal loan.
  • Federal Bank Chairman A.P. Hota had inaugurated the platform.
  • Federal Bank – 23/04/1931 (Founded) – Aluva, Kochi (HQ) – Shyam Srinivasan (MD & CEO) – “Your Perfect Banking Partner” (Tagline)

Business and Economy

Garuda Aerospace introduces drone training program

  • Garuda Aerospace has launched the Equality Drone Training program, along with the Bharat Drone Association and National Drone Pilot Association, specifically designed for persons with disabilities.
  • Kickstarting in Chennai, the program will provide free-of-cost training, education and skill development over a span of 10 days to persons with disabilities.
  • The Equality Drone Training program is supported by Varsha Kukreti Augustine, Founder and CEO of AutoMicroUAS, and MJ Augustine Vinod, Group Captain (Retd).
  • The equality drone training program is designed to train individuals with physical disabilities including deafness, speech impairments and mobility constraints.
  • The programme with theory and practical sessions will cover aspects across both, maintenance and operation including data analysis.
  • The program spans the utilisation of drones across agriculture, surveillance and mapping, and e-commerce and delivery, thus equipping participants with skills required across a range of industries.
  • The training is tailored to individuals depending on their disability to further empower them.

Agreements and MoUs signed

India Post signed agreement with Shiprocket

  • Department of Posts entered into an agreement with Bigfoot Retail Solution Pvt Ltd (Shiprocket), one of the leading e-commerce enablement platforms to create an export ecosystem for e-commerce in the country.
  • The collaboration aims to enhance e-commerce exports by leveraging India Post’s extensive presence and reliable shipping solutions.
  • The agreement was signed in New Delhi in the presence of Shri Alok Sharma, Director General Postal Services, Chief Postmaster General Delhi Ms Manju Kumar and Shri Saahil Goel, CEO, Shiprocket, marking a significant milestone in India’s cross border e-commerce landscape.

IREDA signed MoUs with Union Bank of India and Bank of Baroda

  • Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB).
  • These agreements will empower IREDA to collaborate with UBI and BoB, in co-lending and loan syndication for a wide range of renewable energy projects, including both established and emerging RE technologies.
  • This collaboration aims to extend our reach, particularly in tier-2 & tier-3 cities and rural areas, enabling us to provide unique and innovative financial support to existing and new customers.
  • The MoU with Union Bank of India was signed by General Manager (Technical Services), IREDA, Shri Bharat Singh Rajput and General Manager (Large Corporate Vertical), UBI, Shri Dhirendra Jain and MoU with Bank of Baroda was signed by General Manager (Technical Services), IREDA, Shri Bharat Singh Rajput and General Manager, BoB, Shri Dhiren Lalai.
  • Indian Renewable Energy Development Agency Limited (IREDA) – 1987 (Formed) – New Delhi (HQ) – Pradip Kumar Das (Chairman & MD)

India signed MoUs with 8 countries

  • India has entered into eight memorandums of understandings with countries such as Armenia, Sierra Leone, Suriname, Antigua, Barbados, Trinidad and Tobago, Papua New Guinea and Mauritius, offering them the India Stack and digital public infrastructure (DPI) at no cost and with open-source access.
  • These nations now have the opportunity to adopt and utilise these resources within their borders, further developing their unique innovation ecosystems.

Ministry of Education signed MoU with Adobe

  • Union Ministry of Education signed an agreement with global software major Adobe to help children develop creative expression in classrooms using the application Adobe Express.
  • Training and certification in creativity and digital literacy will be provided to about 20 million students and 5,00,000 teachers by 2027 using Adobe Express-based curriculum.
  • Under the programme, Adobe will provide schools across the country with free access to Adobe Express Premium and the professional development of educators.
  • Ministry of Education – Dharmendra Pradhan,Union Minister (Rajya Sabha MP,MP) – Subhas Sarkar, Minister of State (Bankura, West Bengal), Annpurna Devi Yadav, Minister of State (Kodarma, Jharkhand), Rajkumar Ranjan Singh, Minister of State (Inner Manipur,Manipur)

Andhra Pradesh Food Processing Society signed agreement with State Bank of India

  • The Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) have entered into an agreement on Tuesday to upgrade and support the establishment of at least 7,500 micro food processing units in the state.
  • This agreement will be executed in the ongoing 2023-24 fiscal under the Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME) scheme.
  • This partnership with a financial powerhouse like SBI will provide a significant boost to micro food processing enterprises in the state.
  • As part of this deal, SBI will offer collateral-free loans of up to Rs 10 lakh to eligible beneficiaries, following the guidelines of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) under the Agri Infrastructure Fund.
  • SBI has already sanctioned over 500 loans under the PMFME scheme in the previous fiscal, emerging as a major lending partner in this endeavour.
  • It has also agreed to support promotion of food processing units through this collaboration with farmer producer organisations (FPO).
  • State Bank of India (SBI) – 01/07/1955 (Founded) – Mumbai (HQ) – Dinesh Kumar Khara (Chairman) – “Pure Banking, Nothing Else” (Tagline)

Science and Technology

Digital Rupee applications

  • Identity and biometric solutions provider IDEMIA had joined hands with Airtel Payments Bank and HMD Global to expand the reach of Digital Rupee applications on feature phones.
  • The three organisations will be working together to introduce an offline payment system over the next few months that will facilitate the use of digital rupee on feature phones, promoting financial inclusion.
  • Under the collaboration, IDEMIA’s technology will offer an offline layer to ensure instant and secure transactions without the need for online validation.
  • It will work with digital rupee in India, and with any other solution, decentralised or centralised, token or account-based, developed in-house by a central bank or independent software vendors.


Country's first solar city

  • Chief Minister Shivraj Singh Chouhan inaugurated country’s first solar city Sanchi in Raisen district.
  • Annually about 13 thousand 747 tonnes of carbon dioxide emissions will be reduced in Sanchi Solar City, which is equivalent to more than 2 lakh adult trees.
  • Along with this, there will be a saving of more than 7 crore rupees annually in the energy related expenditure of the government and the citizens.

Acquisitions and Mergers

Morgan Stanley unit acquired majority stake in ClearMedi Healthcare

  • Morgan Stanley PE Asia has acquired a majority stake in ClearMedi Healthcare, which runs a chain of cancer care hospitals in India, for ₹280 crores.
  • Navneet Bali, a former Indian Navy officer who had worked with healthcare companies, has been appointed as Group Chief Executive Officer (CEO) of ClearMedi Healthcare.
  • ClearMedi Healthcare is a joint venture between Medipass, a subsidiary of La Repubblica Group in Italy, KOS S.p.A. in Italy, and Clearview Healthcare India.


Vanuatu New Prime Minister

  • Vanuatu’s parliament elected Sato Kilman as the nation’s new prime minister.
  • Kilman, a former prime minister (3 times) and leader of the People’s Progressive Party.
  • Vanuatu – Port Vila (Capital) – Vatu (Currency) – Nikenike Vurobaravu (President) – Sato Kilman (Prime Minister) – Bislama, English, French (Language)

Principal Chief Operations Manager of Central Railway

  • Shyam Sunder Gupta has taken over as the Principal Chief Operations Manager of Central Railway at Pune by succeeding Mukul Jain.
  • He previously served as Chief Administrative Officer (Systems) for Northern Railway.

Awards and Recognitions

National Teachers' Awards 2023

  • President Droupadi Murmu conferred the National Teachers’ Award 2023 on 75 exceptional educators at Vigyan Bhawan in New Delhi.
  • Union Education Minister Dharmendra Pradhan constituted three separate national juries of eminent individuals to meticulously select these outstanding teachers.
  • Each of the awardees will be granted a certificate of merit, a cash prize of Rs 50,000, a prestigious silver medal, and a unique opportunity to interact with Prime Minister Narendra Modi himself.
  • This year’s distinguished recipients include 50 school teachers, 13 college teachers, and 12 educators from the Department of Skill Development and Entrepreneurship.
  • These teachers have been chosen for their unwavering dedication to enriching the lives of students and enhancing the quality of education across the nation.
  • The Ministry of Education has emphasised that the selection process for these awards is rigorous and transparent, ensuring that only the most deserving educators receive this prestigious recognition.
  • This year’s awards have expanded their purview to include teachers from the Ministry of Higher Education and the Ministry of Skill Development and Entrepreneurship.
  1. Satyapal Singh – Gsss Buroli, Haryana
  2. Vijay Kumar – Govt. Sen. Sec. School Mohtli, Himachal Pradesh
  3. Amritpal Singh – Govt. Sen. Sec. School Chhapar, Punjab
  4. Arti Qanungo – Skv Laxmi Nagar, Delhi
  5. Daulat Singh Gusain – Govt. Inter College Sendhikhal, Uttarakhand
  6. Sanjay Kumar – Govt. Model High School, Chandigarh
  7. Asha Rani Suman – Govt. Upper Primary School Kharkhada, Rajasthan
  8. Sheela Asopa – Ggsss, Shyam Sadan, Rajasthan
  9. Shyamsundar Ramchand Khanchandani – Government Higher Secondary School, Dadra And Nagar Haveli And Daman & Diu
  10. Avinash Murlidhar Parkhe – Disha School For The Special Children, Goa
  11. Deepak Jethalal Mota – Shree Hundraibag Primary School, Gujarat
  12. Ritaben Nikeshchandra Fulwala – Sheth Shree P.H. Bachkaniwala Vidhyamandir, Gujarat
  13. Sarika Gharu – Govt. HS School, Madhya Pradesh
  14. Seema Agnihotri – CM Rise Govt. Vinoba H.S. School, Madhya Pradesh
  15. Brajesh Pandey – Swami Atmanand Govt. English School, Chhattisgarh
  16. Ejazul Hague – MS Diwankhana, Jharkhand
  17. Bhupinder Gogia – Sat Paul Mittal School, Punjab
  18. Shashi Sekhar Kar Sharma – Kenduapada Nodal High School, Odisha
  19. Subhash Chandra Rout – Brundaban Govt. High School, Odisha
  20. Chandan Mishra – Raghunathpur, Nafar Academy, West Bengal
  21. Reyaz Ahmed Sheikh – Govt. Middle School, Jammu And Kashmir
  22. Asiya Farooqui – Primary School, Uttar Pradesh
  23. Chndr Prakash Agrwal – Shiv Kumar Agarwal Janta Inter College, Uttar Pradesh
  24. Anil Kumar Singh – Adarsh Girls Senior Secondary School, Bihar
  25. Dwijendra Kumar – N.S. Madhuban, Bihar
  26. Kumari Guddi – High School Singhia Kishanganj, Bihar
  27. Ravi Kant Mishra – JNV Beekar, Navodaya Vidyalaya Samiti, Madhya Pradesh
  28. Manoranjan Pathak – Sainik School, Sainik Schools Under M/o Defence, Jharkhand
  29. Yashpal Singh – Eklavya Model Residential School, Eklavya Model Residential Schools Under Ministry of Tribal Affairs, Madhya Pradesh
  30. Mujib Rahiman K U – Kendriya Vidyalaya, Kendriya Vidyalaya Sangathan, Kerala
  31. Chetna Khambete – Kendriya Vidyalay No.2, Kendriya Vidyalaya Sangathan, Madhya Pradesh
  32. Narayan Parmeshwar Bhagwat – Shri Marikamba Govt. PUC High School Section, Karnataka
  33. Sapna Shrishail Anigol – KLE Society’s S.C.P. Jr College High School, Karnataka
  34. Netai Chandra Dey – Ramakrishna Mission School, Arunachal Pradesh
  35. Ningthoujam Binoy Singh – Chingmei Upper Primary School, Manipur
  36. Purna Bahadur Chhetri – Govt. Senior Secondary School, Sikkim
  37. Lalthianghlima – Govt. Diakkawn High School, Mizoram
  38. Madhav Singh – Alpha English Higher Secondary School, Meghalaya
  39. Kumud Kalita – Pathshala Senior Secondary School, Assam
  40. Jose D Sujeev – Govt. Model Girls Higher Secondary School, Kerala
  41. Mekala Bhaskar Rao – Mcps Kondayapalem Sw. Sc. Colony, Andhra Pradesh
  42. Murahara Rao Uma Gandhi – Gvmcp School Sivajipalem, Andhra Pradesh
  43. Settem Anjaneyulu – SRR ZP High School Masapeta, Andhra Pradesh
  44. Archana Nooguri – Mpps Rebbanapally Rebbanpally, Telangana
  45. Santhosh Kumar Bhedodkar – Mandal Parishad Upper Primary School Nipani, Telangana
  46. Ritika Anand – St. Marks Sec Public School, Delhi
  47. Sudhanshu Shekhar Panda – K.L. International School, Uttar Pradesh
  48. T Godwin Vedanayagam Rajkumar – Government Boys HR Sec. School, Tamil Nadu
  49. Malathi S. S. Malathi – Government Higher Secondary School, Tamil Nadu
  50. Mrinal Nandkishor Ganjale – ZP School Pimpalgaon Tarfe, Maharashtra


SPG chief Arun Kumar Sinha passed away

  • Arun Kumar Sinha, the director of the Special Protection Group (SPG), passed away at 61.
  • Sinha, a Kerala cadre IPS officer of the 1987 batch, was the additional director general of police (Special Service and Traffic) in the state when he was asked in 2016 by the Centre to head the SPG, which handles the security of the Prime Minister.
  • Before he joined, there was no full-time chief of SPG for around 15 months.
  • The SPG is an elite force, specifically raised for the protection of the country’s Prime Minister, former PMs, and their immediate family.
  • The force is currently 3,000 strong and it was started in 1985 in the wake of the killing of then PM Indira Gandhi in 1984.

Sports News

19th Asian Games

  • The Indian Olympic Association (IOA), unveiled official ceremonial dress and playing kit for the Indian contingent that will compete at the forthcoming 2022 Asian Games scheduled to be held in Hangzhou, China from September 23 to October 8.
  • Conceived and uniquely designed by the National Institute of Fashion Technology, New Delhi the ceremonial dress includes a khaki textured saree for women and khaki kurta for the male players.
  • The bandhgala jacket of male athletes and the high neck blouse for the women seamlessly blends Indian motifs and prints with quintessential Indian silhouettes that represents the rich cultural tapestry of India on the global stage.
  • The attire embraces nature with recycled fabrics that promotes sustainability.
  • With 33 members, rowing has the largest unit after athletics going to Hangzhou to stake claim at the medal.
  • Meanwhile, a 15-member Esports team will also be at the Asian Games as the event makes its official debut.
  • JSW Inspire, Reliance Foundation, Adani Sportsline and Samsonite are the principal sponsors to Team India for the 2022 Asian Games while Borosil, Skechers, Amul, SFA, Inox Group and The Leela palace hotels and resorts have joined hands as the associate sponsors and partners.
  • Indian Olympic Association (IOA) – 1927 (Founded) – New Delhi (HQ) – P. T. Usha (President) – Rajeev Mehta (Secretary General)


Bharat Drone Shakti 2023

  • Indian Air Force (IAF) is teaming up with the Drone Federation of India to co-host ‘Bharat Drone Shakti 2023’.
  • This event will take place at the IAF’s airbase in Hindan (Ghaziabad) and feature live aerial demonstrations by the Indian drone industry.
  • ‘Bharat Drone Shakti 2023’ will showcase the full potential of the Indian drone industry, with more than 50 live aerial demonstrations displaying various types of drones, including survey drones, agriculture drones, fire-fighting drones, tactical surveillance drones, heavy-duty logistics drones, loitering munition systems, drone swarms, and anti-drone solutions.
  • The event is expected to draw approximately 5,000 attendees, including representatives from the central government, state departments, public and private industries, armed and paramilitary forces, delegates from friendly nations, scholars, students, and drone enthusiasts.
  • Indian Air Force (IAF) – 26/01/1950 (Founded) – New Delhi (HQ) – Airforce Day (October 08) – Air Chief Marshal Vivek Ram Chaudhari (Chief of Air Staff) – ‘Touch the sky with Glory’ (Motto)

Daily Current Affairs - September 06, 2023 - Consolidated

  • Malaviya Mission – Teachers Training Programme
  • G20 Tourism and SDG Dashboard
  • World’s tallest Nataraja statue
  • Patel Engineering joint venture project in Madhya Pradesh
  • Indian Bank collaborated with IBM
  • Federal Bank unveiled WhatsApp Lending Platform
  • Garuda Aerospace introduces drone training program
  • India Post signed agreement with Shiprocket
  • IREDA signed MoUs with Union Bank of India and Bank of Baroda
  • India signed MoUs with 8 countries
  • Ministry of Education signed MoU with Adobe
  • Andhra Pradesh Food Processing Society signed agreement with State Bank of India
  • Digital Rupee applications
  • Country’s first solar city
  • Morgan Stanley unit acquired majority stake in ClearMedi Healthcare
  • Vanuatu New Prime Minister
  • Principal Chief Operations Manager of Central Railway
  • National Teachers’ Awards 2023
  • SPG chief Arun Kumar Sinha passed away
  • 19th Asian Games
  • Bharat Drone Shakti 2023

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