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AFFAIRSCLOUD TODAY
Current Affairs 12, 13 & 14 August 2023 : Headlines

❖ Maharashtra’s New Amravati station Becomes Central Railway’s 3rd Pink Station
❖ Gujarat CM launched ‘Sinh Suchna’ Web App On World Lion Day
❖ MoH&FW launched 2nd Phase of Nationwide MDA Campaign for Lymphatic Filariasis
❖ IIM Bangalore’s Report on ‘Assessment of Employment Potential of J
❖ Highlights of RBI’s 3rd Bi-monthly Monetary Policy of FY24; India’s real GDP to grow at 6.5% in
FY24
❖ IIITD-IC & YES Bank Signed MoU to Scale up Indian Startups
❖ SEBI Reduces IPO Listing Timeline to 3 days
❖ Protean & PayNearby Partner for Credit Marketplace on ONDC
❖ Supreme Court Forms All Women Team led by former J&K CJ Gita Mittal to Oversee Relief in
Manipur
❖ IRDAI Approved Appointment of Amit Jhingran as MD & CEO of SBI Life
❖ CJI Announces Launch of ‘Suswagatam’ Portal for E-passes to Enter SC
❖ Russia launches Luna-25 Mission to Moon, its 1st Lunar Probe in 47 years
❖ Defence Ministry to Replace Microsoft Windows with Indigenous Maya OS with Chakravyuh
❖ Padma Bhushan Awardee & Nuclear Physicist Bikash Sinha Passed away at 78
❖ First-Ever UN’s World Steelpan Day 2023 – August 11
❖ Rajasthan CM Launched Indira Gandhi Smart Phone Scheme in Jaipur
❖ TDB-DST partnered with M/s Noccarc Robotics to Commercialise Advanced ICU Ventilator

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NATIONAL AFFAIRS
Maharashtra’s New Amravati station Becomes Central Railway’s 3rd Pink Station
New Amravati Railway Station (Amaravti, Maharashtra) became the 3rd station within Central Railway(CR)
and the 1st station in Bhusaval Division of CR to be designated as a Pink Station, fully managed by women staff.

• Central Railway became the first zone of the Indian Railways to set up all women managed station.
• Matunga suburban station in Mumbai division became the 1st railway station in India to be operated
by an all-woman staff in July 2017, followed by Ajni station in the Nagpur division in 2018.
About New Amravati station:
i.The New Amravati station has a staff strength of 12 women employees – 4 Deputy Station Superintendents, 4
Pointswomen, 3 Railway Protection Personnel and 1 Station Ticket Booking Agent.
ii.The station has a daily footfall of approximately 380 passengers and operates 10 trains.
Ministry of Railways approves closure of BRPL
The Ministry of Railways has granted in-principle approval for the closure of ‘Bastar Railway Private
Limited (BRPL), a joint venture(JV) of NMDC Limited , IRCON International Ltd., Steel Authority of India
Ltd.(SAIL) and Chhattisgarh Mineral Development Corporation Ltd. (CMDC).
• The closure involved the transfer of assets and liabilities of BRPL to the Ministry of Railways.
About Bastar Railway Private Limited (BRPL):
BRPL was established as a project-specific JV company in 2016 for developing the 140-kilometer rail line
project from Rowghat to Jagdalpur in Chhattisgarh.
• BRPL is still in the construction phase and has yet to generate revenue.
Shareholdings:
• 26% – IRCON International Limited is a Government of India Undertaking company under the
Ministry of Railways.
• 12% – SAIL is a Maharatna Public Sector Enterprise (PSE) under the Ministry of Steel.
• 10% – CMDC is a Government of Chhattisgarh undertaking company.
52% – NMDC Limited, formerly National Mineral Development Corporation, is a Navratna PSE under the
Ministry of Steel.

Gujarat CM launched ‘Sinh Suchna’ Web App On World Lion Day

Gujarat Chief Minister(CM) Bhupendra Patel launched the Sinh Suchna Web application on the occasion of
World Lion day celebrated on 10th August 2023.

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• The purpose of the mobile app is to help the state forest department track the movement of lions to
prevent incidents of human-animal conflict.

Other Launches:
• Bhupendra Patel launched the ‘Lion Anthem Film’ which is produced by Ekta Janmay Chokshi and
directed by Rohan Trivedi. The music has been composed by Nishit Mehta, sung by Brijraj Gadhvi
while Parth Tarpara is the lyricist.
• He also launched two books namely ‘The King of Jungle – Asiatic Lions of Gir’, written by Indian
Foreign Service (IFS) officer Sakkira Begum and ‘Hu Gir no Savaj’ by Shri Arvind Goswami.
Events organised:
The main event was organised in Sasan, the headquarters of Gir National Park and Wildlife Sanctuary
(GNPWLS) in Junagadh district of Gujarat.
About Asiatic lion:
i.The Asiatic lions are found only in Gujarat.
• The Asiatic lions comprise the world’s second most population of wild lions after African lions.
ii.India’s National Emblem is adapted from the Lion Capital of the Ashoka Pillar in Sarnath, Uttar Pradesh.
iii.Lion was chosen as the emblem for Make in India initiative (2014).
Conservation of Lion:
Project Lion:
In recognition of endangered status on the International Union for Conservation of Nature(IUCN)’s Red List of
threatened species, the Union government has allocated Rs 2,900 crore under Project Lion for the
conservation of Asiatic lions.
• As part of the project, plans are underway to establish a lion breeding centre, an isolation facility,
installation of CCTV cameras, procurement of radio collars, acquisition of drones and additional
resources to ensure prompt medical care for the lions.
• Project Lion proposes Barda Wildlife Sanctuary in Gujarat as second home for Asiatic lions
Note: The effort by the Govt of Gujarat also led to an increase in the lion population from 411 in 2010 to 674 in
2020. Furthermore, the lion territory expanded from Gir forest, now encompassing an area of 30,000 sq km.
Additional Info:
i.The Chief Minister additionally disclosed plans for the establishment of a lion safari park near Una town
within the Gir Somnath district of Gujarat. This initiative aims to alleviate the pressure on the Gir National Park
located in Sasan-Gir.
ii.On the occasion, Prime Minister also launched “Lion @ 47: Vision for Amrutkal” to secure & restore lions’
habitats.

MoH&FW launched 2nd Phase of Nationwide MDA Campaign for Lymphatic Filariasis
On 10th August 2023, Union Minister Dr. Mansukh Mandaviya, Ministry of Health and Family Welfare
(MoH&FW), inaugurated the 2nd phase of the Annual Nationwide Mass Drug Administration (MDA)
campaign for Lymphatic Filariasis (LF) in New Delhi, Delhi.
• The 2nd phase will cover 81 districts in 9 endemic States – Assam, Bihar, Chhattisgarh, Jharkhand,
Karnataka, Maharashtra, Odisha, Telangana, and Uttar Pradesh(UP).

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• During the event, Union Minister Mandaviya also launched the National Guidelines for Clinical
Management of Dengue Fever 2023 and Chikungunya Fever.
Note: Lymphatic Filariasis, commonly known as elephantiasis, is a neglected tropical disease (NTD). LF is a
Vector-Borne Disease transmitted by Culex mosquitoes.
Points to note:
i.India’s Accelerated Mission for Lymphatic Filariasis Eradication aims to achieve its goal of eliminating
Lymphatic Filariasis by 2027, three years ahead of the global target.
ii.LF can be successfully eliminated from India, by encouraging public participation (Jan Bhagidaari) and
adopting a ‘Whole of Government’ and ‘Whole of Society’ strategy.
Key People:
T.S. Singh Deo, Deputy Chief Minister (CM), Chhattisgarh; Brijesh Pathak, Deputy CM of Uttar Pradesh.
5 Pillars for Eliminating LF:
• Multi-drug administration (MDA) Campaign is held twice a year synchronized with National
Deworming Day (10th Feb and 10th August).
• Early diagnosis and treatment; engagement of medical colleges for strengthening Morbidity
management and disability (MMDP) services.
• Integrated Vector Control with multi-sectoral coordinated efforts.
• For inter-sectoral convergence with allied departments and ministries.
• Leveraging existing digital platforms for LF and exploring alternate diagnostics.

IIM Bangalore’s Report on ‘Assessment of Employment Potential of JJM

On 10th August 2023, Department of Drinking Water and Sanitation under the Ministry of Jal Shakti, released
the report of the Study on Assessment of Employment Potential of Jal Jeevan Mission (JJM), in New Delhi, Delhi.
The assessment was conducted by Centre for Public Policy under Indian Institute of Management Bangalore
(IIMB), Benglauru(Karnataka).

• The report of the study has estimated an employment generation potential of JJM to the tune of 2.82
crore person per year employment.

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• The report was prepared with technical support from the International Labour Organization (ILO).
Findings of the Report:
This report is the third in a series of findings released
recently, on the impact of JJM on the lives of citizens in
rural India.
i.Direct Employment:The report estimated that
around 59.93 lakh persons get direct employment
during the construction phase of JJM per year from the
total employment generation of 2.82 crore person per
year.
• Around 40% of the direct employment (23.8
lakh person per year) is estimated to be
contributed by the engagement of engineers,
managers, plumbers, electricians, motor
mechanics and chemists.
• Additional employment:It also provides
additional direct employment of 11.84 lakh
person per year during the Operations &
Maintenance (O&M) phase every year.
• It also provides Additional 13.3 lakh person
per year employment during JJM operations phase.
ii.Indirect Employment:It Provides additional indirect employment to 2.22 crore persons per year in India
through manpower engaged in production of the materials including pipes, valves, pumps.
Methods used for this Estimation:
The input-output model was used in the macro approach to estimate the impact of investment on employment
across industries, whereas in the micro approach, sample data collected from completed JJM schemes from
different states was used to estimate direct employment during the construction and O&M phases of the
projects.
About Jal Jeevan Mission (JJM):
i.JJM was introduced by Prime Minister (PM) Narendra Modi in August 2019 to provide tap water connection
to all rural households.
The coverage of tap water connections increased from 3.23 crore (17%) households in 2019 to 12.79
crore (65.81%) households in August 2023.
ii.Due to this mission,the issues of access to clean drinking water in Arsenic and Fluoride affected areas have
also been fully addressed.
Reports related to Jal Jeevan Mission (JJM):
i.WHO Report:In June 2023, World Health Organisation(WHO) released its findings on the potential health
impacts of JJM and estimated that with 100% coverage of tap water supplies, more than 4 lakh diarrheal deaths
can be averted.
ii.According to Nobel laureate Prof. Michael Kemer‘s research, improving clean drinking water availability
could prevent around 1.36 child fatalities (under 5 years) and lower child mortality rates by one-third.
About Ministry of Jal Shakti:
Union Minister – Gajendra Singh Shekhawat (Constituency- Jodhpur, Rajasthan)
Minister of State (MoS) – Prahlad Singh Patel (Constituency- Damoh, Madhya Pradesh) ; Bishweswar Tudu
(Constituency- Mayurbhanj, Odisha)

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BANKING & FINANCE
Highlights of RBI’s 3rd Bi-monthly Monetary Policy of FY24; India’s real GDP to grow at 6.5% in
FY24
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on August 8-10, 2023, and released
the ‘Monetary Policy Statement, 2023-24 Resolution of the MPC‘ which kept India’s real Gross Domestic
Product (GDP) growth retained at 6.5% in FY24 (2023-24) with FY24’s Q1 at 8%, Q2 at 6.5%, Q3 at 6%, and
Q4 at 5.7%. This is attributed to the growth in rural and urban areas, a rise in investment activity, and the
government’s intention to increase capital expenditure.

• This marks the 3rd MPC meeting in FY24, following the bi-monthly policy reviews held in April 2023
and June 2023.
• Real GDP growth for Q1FY25 (April-June, 2024-25) is projected at 6.6%.
• The focus of the MPC’s 3rd FY24 meeting is to prioritize withdrawal of accommodation to guide
inflation towards the target gradually, while simultaneously supporting growth.
RBI’s Policy Rates:
The MPC kept the policy rates unchanged in August 2023.

Category Rate

Policy Repo Rate 6.50%

Fixed Reverse Repo

3.35%
Rate

Standing Deposit
6.25%
Facility (SDF) Rate

Marginal Standing
6.75%
Facility (MSF) Rate

Bank Rate 6.75%

Cash Reserve
4.50%
Ratio (CRR)

Statutory Liquidity
18%
Ratio (SLR)

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Inflation:
i.Consumer Price Index (CPI) inflation or retail inflation is projected at 5.4% for FY24 from the 5.1% forecast
in June 2023.The projections for specific quarters of FY24 are
Q2 at 6.2%, Q3 at 5.7%, and Q4 at 5.2%.
• This forecast is on the assumption of normal
monsoon.
ii.CPI inflation for Q1FY25 is projected at 5.2%.
iii.RBI set an objective of achieving the medium-term target
for CPI inflation of 4% within a band of +/- 2%, while
supporting growth.
iv.CPI headline inflation increased to 4.8% in June 2023 from
4.3% in May 2023 amid higher prices of vegetables, eggs,
meat, fish, cereals, pulses and spices.
v.Core CPI (i.e., CPI excluding food and fuel) was steady in
June 2023.
vi.Fuel inflation softened during May-June 2023, primarily
reflecting the fall in kerosene prices.
Domestic Economy:
i.As on August 4, 2023, the total area sown under kharif crops was 0.4% higher than in August 2022.
ii.The index of industrial production (IIP) expanded by 5.2% in May 2023 while core industries output rose by
8.2% in June 2023.
iii.The composite Purchasing Managers’ Index (PMI) rose to a 13-year high in July 2023.
iv.The daily absorption of liquidity under the Liquidity Adjustment Facility (LAF) averaged Rs 1.8 lakh crore
during June-July 2023 as compared with Rs 1.7 lakh crore in April-May 2023.
v.Money supply (M3) expanded by 10.6% y-o-y as on July 28, 2023 as against 10.1% on May 19, 2023.
vi.Bank credit grew by 14.7% y-o-y as on July 28, 2023 as compared with 15.4% on May 19, 2023.
vii.India’s foreign exchange reserves stood at US$ 601.5 billion as on August 4, 2023.
Cement production and steel consumption recorded robust growth.
Global Economy:
In mid-July 2023, the US dollar dropped to a 15-month low due to predictions of an early end to the monetary
tightening cycle. While it partially recovered afterwards, certain emerging market economies face growth risks
due to factors like low external demand, high debt, and limited external funding. The worldwide economy is
slowing down, with growth differing across regions.
• India is contributing approx 15% to global growth.
Banks to maintain 10% incremental CRR from August 12, 2023
RBI mandates banks to hold an Incremental Cash Reserve Ratio (ICRR) of 10% on increase in deposits
between May 19 and July 28, 2023 with effect from the fortnight starting Aug. 12, 2023.
• This measure intends to absorb liquidity added to the banking system due to a return of 2000-rupee
denomination notes. Rs 3.14 lakh crore worth of Rs 2,000 banknotes, or 88% in circulation, had
returned to the banking system by July 31, 2023.
• ICRR is a temporary measure to overcome a sudden increase in deposits by draining off the liquidity.
RBI; raises payment limit via UPI lite to Rs 500 from Rs 200
In order to encourage wider adoption of UPI (Unified Payments Interface) Lite, RBI has increased the
transaction limit to Rs 500 from Rs 200. This will eliminate the need for multiple transactions for users.
• However, overall limit is retained at Rs 2000 to contain the risks associated with relaxation of two-
factor authentication.
• UPI Lite is an ‘on-device wallet’ feature that will allow users to make real-time small-value payments
without using a UPI PIN. It was launched in September 2022.

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Objective:
To harnesse the new technologies for enhancing digital payments experience for users
Background:
The RBI has set a cap of Rs 200 per transaction and a total limit of Rs 2000 for each payment method for small-
value offline digital payments, such as National Common Mobility Card (NCMC) and UPI Lite. This eliminates
the requirement for two-factor authentication in these cases, making them faster, reliable, and contactless
options for routine small payments and transit fares. However, there have been requests for these limits to be
increased. Therefore, the above change has been made.
RBI allows offline payment of UPI by using Near-Field Communication
RBI proposed to introduce Near Field Communication (NFC) technology to facilitate offline payments. This
move aims to support digital payments when internet connectivity is weak or not available, ensuring swift
transactions with fewer declines.
Conversational payments in UPI
RBI plans to introduce ‘conversational payments’ on UPI, allowing users to securely initiate and finalize
transactions through AI-powered conversations. This feature will be accessible on both smartphone and
feature phone UPI platforms, aiding the expansion of digital adoption across India. Initially in Hindi and English,
it will later be available in additional Indian languages.
Development of Digital Public Tech Platform
Reserve Bank Innovation Hub (RBIH) is developing a digital Public Tech Platform to facilitate easy lending by
providing necessary digital data to lenders. It will have an open architecture, allowing financial players to
connect seamlessly using open Application Programming Interfaces (APIs) in a ‘plug and play’ model.
• This initiative will be introduced gradually as a pilot project, focusing on information access and use
cases. Its aim is to enhance lending efficiency by cutting costs, expediting disbursements, and
enabling scalability.
RBI proposes framework for allowing borrowers to switch to fixed interest rate regime
RBI unveils framework allowing borrowers to switch to fixed interest rate from floating interest rate, providing
relief to home, auto loan borrowers.
• The framework envisages that lenders should clearly communicate with the borrowers for
resetting the tenor and/or Equated Monthly Instalments (EMI) , provide options of switching to
fixed rate loans or foreclosure of loans, transparent disclosure of various charges incidental to the
exercise of these options, and proper communication of key information to the borrowers.
Review of NBFC Infrastructure Debt Fund (IDF-NBFC)
In pursuit of bolstering Infrastructure Debt Funds (IDFs) for a larger role in infrastructure financing and
aligning regulations for different types of NBFCs, a review for IDFs has been conducted in collaboration with
the government by RBI.
• The updated framework eliminates the need for a sponsor for IDFs, allows them to directly
finance Toll Operate Transfer projects (ToT), grants access to External Commercial
Borrowings (ECBs), and makes tripartite agreements optional for Public-Private Partnership (PPP)
projects.
• The IDF was created as a separate category of NBFCs in 2011.
Members of MPC:
Dr. Shashanka Bhide; Dr. Ashima Goyal; Prof. Jayanth R. Varma; Dr. Rajiv Ranjan; Dr. Michael Debabrata Patra;
and headed by Shaktikanta Das (RBI Governor).
• The minutes of the MPC’s meeting will be published on August 24, 2023.
• The next meeting of the MPC is scheduled during October 4-6, 2023.
Recent Related News:
i.As per the article State of the Economy authored by RBI Deputy Governor Michael Debabrata Patra and other
RBI officials, inflation is slowing down personal consumption expenditure. On the other hand, it is moderating
corporate sales and holding back private investment in capacity creation.

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ii.On 20th June 2023, the Appointments Committee of the Cabinet (ACC) approved the appointment of
Swaminathan Janakiraman, Managing Director (MD) (Corporate Banking and Subsidiaries) of the State Bank of
India (SBI) to the post of Deputy Governor (DG) of the Reserve Bank of India (RBI). He succeeded Mahesh
Kumar Jain.
About Reserve Bank of India (RBI):
Governor – Shaktikanta Das
Deputy Governors –Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar, and
Swaminathan Janakiraman
Establishment – 1st April 1935
Headquarters – Mumbai, Maharashtra

IIITD-IC & YES Bank Signed MoU to Scale up Indian Startups

IIITD Innovation and Incubation Centre (IIITD-IC), a section 8 company promoted by the Indraprastha
Institute of Information Technology-Delhi (IIITD), has signed a Memorandum of Understanding (MoU) with
YES Bank Limited (YES Bank) to support and scale up the growth of startup ecosystem in India.

Aim:
• To enable enterprise banking, personal banking and beyond banking solutions required by the
Startups.
• To bridge the gap between startups and corporates with the right and in-time mentorship.
Features of the partnership:
Under this MoU, IIITD-IC will strengthen the mentoring initiatives for startups, get access to experts across the
industry and find new investment and funding opportunities to support startups.
With this partnership, YES Bank will offer banking facilities to Startups which are in the developmental phase
at IIITD-IC through YES Bank’s YES HeadStartup programme.
• YES HeadStartup programme is a dedicated banking solution for startups which provides end-to-
end solutions for the banking and digital service requirements of the startup.
• The banking facilities include, A salary account proposition for startups with only 5 employees; A
fungible limit for credit cards for business and personal use and an API(Application Programming
Interface) Sandbox facility.
Note:
YES Bank is one of the first banks in India to adopt the Credit Guarantee Scheme for Startups (CGSS) which
supports developing startups to scale up.
About YES Bank Limited:
YES Bank was incorporated in November 2003 & Commenced operations in 2004.
Managing Director(MD) & Chief Executive Officer(CEO)– Prashant Kumar
Headquarters– Mumbai, Maharashtra
Tagline– Experience our expertise
Chatbot– YES ROBOT

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SEBI Reduces IPO Listing Timeline to 3 days
The Securities and Exchange Board of India (SEBI) has reduced the timeline for listing securities after the
closing of an Initial Public Offering (IPO) to 3 days (T+3) from the present requirement of 6 working days
(T+6).

• This will be an option for IPOs opening on or after September 1, 2023, and will be mandatory for
public issues opening after December 1, 2023.
• According to SEBI, the reduction in timelines for listing and trading of shares will benefit both
issuers and investors.
• Under the new guidelines, companies will have to finalise allotment before 6 pm on T+1 day. The
transfer of funds will be made to unsuccessful applicants on T+2 day.
Benefits:
i.Swift access to raised capital allows issuers to promptly deploy funds for business expansion and other
operational enhancements.
ii.Early access to credit ensures investors have more flexibility in allocating funds for other investment
opportunities.
PAN verification:
i.Third-party verification will be carried out by the Registrar, to ensure the accuracy of the data provided by the
applicant.
ii.The Registrar matches the Permanent Account Number (PAN) available in the applicant’s demat account. The
PAN available in the applicant’s bank account is also cross-referenced.
Helios Capital Gets SEBI Approval to Launch MF business
Singapore-based Helios Capital Management PTE Ltd, which offers Portfolio Management Services (PMS) has
been granted approval from the Securities and Exchange Board of India (SEBI) to launch a Mutual Fund (MF)
business.
• Once launched, Helios Mutual Fund will become the 46th entity to enter into the MF industry with
an Asset Under Management (AUM) of Rs.46-lakh crore.
Background:
i.In February 2021, Helios Capital applied for a mutual fund license with the SEBI.
ii.In September 2022, Helios Capital received Sebi’s in-principle approval to float the MF business and another
firm, which received the approval along with Helios Capital was Zeordha Broking Ltd.
Key Points:
i.Zerodha Broking Ltd and Old Bridge Capital Management Pvt Ltd are the 2 entities awaiting SEBI’s final nod
for a MF license.
ii.Another three entities waiting for SEBI approval to enter the MF industry is Unifi Capital, Alpha Alternatives
Fund Advisors and Wizemarkets Analytics.
iii.In June 2023, Bajaj Finserv Mutual Fund became the 43rd asset management company to enter into the MF
space.

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ECONOMY & BUSINESS
Protean & PayNearby Partner for Credit Marketplace on ONDC
Protean eGov Technologies(Protean) has partnered with PayNearby, a fintech platform owned by Nearby
Technologies Private Limited to provide credit services on the ONDC (Open Network for Digital
Commerce) network for last-mile borrowers and Micro, Small & Medium Enterprises (MSMEs).
• Under this partnership, Protean will be an ONDC technology service provider through PayNearby’s
Distribution as a Service (DaaS) network through over 12 lahks active PayNearby outlets.
• Protean will also aggregate Loan Service Providers (LSPs) onto a single platform.
Note:
Previously, PayNearby & Protean have partnered for paperless PAN(Permanent Account Number) Card
services at nearby stores across India.

APPOINTMENTS & RESIGNATIONS

Supreme Court Forms All Women Team led by former J&K CJ Gita Mittal to Oversee Relief in
Manipur
Supreme Court of India(SC) is set to constitute an all-women committee of 3 former High Court judges led by
former Chief Justice(CJ) of Jammu and Kashmir (J&K) High Court (HC) Gita Mittal to oversee the relief
rehabilitation and rebuilding measures in Manipur.

• The other members of the team include Justices Shalini Shashank Phansalkar Joshi, former Judge
of Bombay HC and Justice Asha Menon, former Judge of Delhi HC.
• The committee was constituted by the SC bench comprising Dhananjaya Yeshwant Chandrachud,
Chief Justice of India(CJI); Justice Jamshed Burjor Pardiwala and Justice Manoj Misra.
Note: Gita Mittal was the 1st woman CJ of the J&K and Ladakh High court (2018-2020).
Responsibilities of the All women’s team:
This will be a broad-based committee that will supervise, intervene and monitor relief and rehabilitation,
restoration of homesteads, religious places of worship, better relief work, and others.
Other Appointment:
The Supreme Court has also appointed Dattatray Padsalgikar, retired IPS officer of Maharashtra Cadre & former
Director General of Police(DGP) of Maharashtra, to monitor the overall investigation of criminal
cases(excluding 12 cases referred to the Central Bureau of Investigation(CBI)) from 42 state police Special
Investigation Teams (SITs).
Key Points:
i.The supreme court has directed the Director General of Police (DGP) from 6 different states to nominate 6
officers of Deputy Inspector General (DIG) rank to supervise the SITs formed for these cases.
ii.They will be deputed to the CBI and carry out the investigation under the supervision of the joint Director of

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the CBI.
iii.This aims to enforce multiple layers of monitoring to ensure a fair and thorough investigation.
Note:
Solicitor-General Tushar Mehta, representing the government of Manipur, stated that 11 cases related to sexual
violence against women, including the Thoubal sexual violence incident were transferred to CBI.
Violence in Manipur:
i.On 3 May 2023, ethnic violence erupted in Manipur between the Meitei people, a majority that lives in the
Imphal Valley, and the Kuki tribal community from the surrounding hills.
ii.According to a recent status report by Manipur Government, more than 150 have died between May and June
2023.
iii.Around 252 people were arrested and another 12,740 were arrested as preventive measures.

IRDAI Approved Appointment of Amit Jhingran as MD & CEO of SBI Life

The Insurance Regulatory and Development Authority of India (IRDAI) has approved the appointment of Amit
Jhingran as the Managing Director(MD) & Chief Executive Officer (CEO) of SBI Life Insurance Company Limited
(SBI Life).

• Amit Jhingran is set to succeed Mahesh Kumar Sharma, the incumbent MD & CEO of SBI Life.
• Amit Jhingran is currently serving as the Chief General Manager(CGM), in State Bank of India (SBI),
Hyderabad Circle, Telangana.
About Amit Jhingran:
i.Amit Jhingran joined SBI as a probationary officer in 1991 in Lucknow Circle, Uttar Pradesh (UP).
ii.He has also served as the Chief Executive Officer(CEO) of SBI, Chicago (Illinois), United States Of
America(USA).
iii.During his career spanning over 3 decades he has held various assignments across international banking,
retail banking, and branch management.
About Insurance Regulatory and Development Authority of India (IRDAI):
Chairman- Debasish Panda
Headquarters – Hyderabad, Telangana
Established in – 1999
Established under – Insurance Regulatory and Development Authority Act(IRDAI), 1999
About SBI Life Insurance Company limited(SBI Life):
SBI life was started as a joint venture (JV) between State Bank of India (SBI) and French financial institution
BNP Paribas Cardif.
Headquarters – Mumbai, Maharashtra
Incorporated in – 2000

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SCIENCE & TECHNOLOGY
CJI Announces Launch of ‘Suswagatam’ Portal for E-passes to Enter SC
Chief Justice of India (CJI) Dhananjaya Yeshwant Chandrachud launched ‘SuSwagatam’, a web-based and
mobile-friendly application which enables advocates, visitors, interns and others to register themselves online
and get e-passes to enter the Supreme Court of India(SC).
• This will enable a user to avoid long queues, and obtain a paperless entry pass (e-pass) for access
to the Supreme Court of India.
• This was launched under the guidance of CJI DY Chandrachud to promote citizen-friendly access to
justice delivery systems.
• The portal was tested as a pilot project since 25th July 2023 and has received positive feedback from
the users.

Russia launches Luna-25 Mission to Moon, its 1st Lunar Probe in 47 years
On 11th August 2023,Russia successfully launched Luna-25 Mission onboard the Soyuz 2.1b Fregat rocket to
the Moon from the Vostochny Cosmodrome in Russia (Russian Far East).

• This is Russia’s first moon mission since 1976

• Luna-25 is also the first domestically produced moon probe in modern Russian history.
Note: A moon probe is a crewless (unmanned) spacecraft used to investigate the Moon.
Aim:
With the Luna-25 mission, Russia aims to achieve the distinction of being the first country to achieve a soft
landing on the lunar south pole, a region believed to hold valuable reservoirs of water ice.
• The lander is expected to touch down on the moon on August 21, 2023. Once down safe, Luna-25
will work on the moon’s south pole for at least one Earth year.
Note: Both Luna-25 and India’s Chandrayaan 3 probe are expected to achieve their respective landings around
the same time and in the same general area.
Features of Luna-25:
i.The Luna-25 lander, also known as the Luna-Glob Lander, has a robotic arm to collect surface samples from
the moon. It will study the composition of the moon’s polar soil and the plasma and dust contained in the very
thin lunar exosphere.
ii.Luna-25 has a mass of 1.8 tons and carries 31 kilograms of scientific equipment. It will land near the lunar
south pole at the Boguslavsky crater..
iii.Luna-25 is designed, built, and tested by Russian aerospace company NPO Lavochkin, and consists of 2 main
parts:
• One is a landing platform outfitted with a propulsion system and landing gear, including a Doppler
velocity and range meter.

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• The other is an unpressurized instrument container loaded with scientific equipment, radiators,
electronics, solar panels, a radioisotope heat and power source, antennas, and television cameras.
iv.The Soyuz-2 Fregat rocket carrying the Luna 25 craft is a smaller launch vehicle than those used in previous
unsuccessful missions.
Instruments carried by Luna-25:
Luna-25 carries the following instruments:
• Service television system (STS-L)
• Lunar manipulator complex (LMK) with a soil
intake device
• Neutron and gamma detector (ADRON-LR) to
remotely look for water ice
• Infrared spectrometer (LIS-TV-RPM)
• Laser mass spectrometer (LAZMA-LR)
• Ion energy-mass analyzer (ARIES-L)
• Dust Monitor (PmL)
• Scientific information control unit (BUNI)
Functioning of Luna 25:
i.Luna-25 will use a scoop to take rock samples from a
depth of up to 15 centimeters (6 inches) to test for the
presence of frozen water.
ii.LMK is capable of excavating lunar regolith and delivering it directly to a LAZMA-LR. An infrared
spectrometer (LIS-TV-RPM) installed on this hardware can inspect the material, assessing the prospect of
finding water ice.
iii.Scientific instruments, including a range of spectrometers and imaging systems, as well as communications
equipment are used to beam data back to Earth.
Key Points:
i.The south pole of the moon, is one of the least-explored areas of the moon where no spacecraft has landed. So
far, the then Soviet Union, China, and the United States America (USA) have managed to land probes on the
moon.
ii.As seen from the data from orbit, there are signs of ice in the soil of the Luna-25 landing area. Rough terrains
make landing difficult.
iii.Luna-25 will spend 5-7 days in lunar orbit before descending near Boguslawsky Crater, which was selected
as the primary landing site for the Russian Luna-Glob mission.
• 2 backup landing sites have also been identified: one to the southwest of Manzini Crater and the
other to the south of Pentland A Crater.
iv.Once landed successfully, the craft will study the upper layer of the lunar regolith, appraise the ultra-thin
lunar atmosphere and search for signs of water ice in the south pole region.
1976 Luna Mission of Russia:
i.The last successful Luna mission of Russia was in 1976 when the Soviet Union launched the Luna 24 probe,
which successfully delivered about 6.2 ounces (170 grams) of moon samples to Earth.
ii.The Luna 24 craft landed in the Mare Crisium lunar plain and returned geographical samples that showed the
presence of water on the moon.
Recent Related News:
On 3rd April 2023, NASA (National Aeronautics and Space Administration) and Canadian Space Agency (CSA)
announced the 4 astronauts crew for the Artemis II Lunar mission which includes 3 United States of America
(USA) nationals and one Canadian astronaut.

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About Russia:
Capital– Moscow
Prime Minister– Mikhail Mishustin
Currency– Russian Ruble

Defence Ministry to Replace Microsoft Windows with Indigenous Maya OS with Chakravyuh
The Ministry of Defense (MoD) has decided to replace the Microsoft Operating System (OS) in all the computers
with internet connectivity with the new indigenously developed OS “Maya” based on open-source Ubuntu, by
the end of 2023. Chakravyuh, a security feature of Maya, is an end-point detection and protection system.
• The development of the Maya OS began in 2021 and is developed collaboratively by the Defence
Research and Development Organisation (DRDO), Centre for Development of Advanced Computing
(C-DAC), National Informatics Centre (NIC), along with Indian software companies and academic
institutions within 6 months.
• Indian Navy clears usage of indigenous Maya OS and the Indian Air Force (IAF) and Indian Army are
currently evaluating it.
• The Maya OS introduces robust protection against cyber threats by offering an interface and
functionalities that are similar to that of Windows OS and is user-friendly.
• Chakravyuh creates a virtual layer between the user and the internet, thus, preventing cyber
criminals and cyber attackers from accessing sensitive data.

OBITUARY
Padma Bhushan Awardee & Nuclear Physicist Bikash Sinha Passed away at 78
Padma Awardee and renowned nuclear physicist Bikash Chandra Sinha (aged 78) passed away in Kolkata due
to age related ailments. He was born in Kandi, Murshidabad, West Bengal in 1945.

About Bikash Chandra Sinha:

i.He joined Bhabha Atomic Research Centre(BARC), Mumbai, Maharashtra in 1976.
ii.He served as the chairman of the board of governors, National Institute of Technology(NIT) Durgapur, West
Bengal(WB).
iii.He has also served as the director of Saha Institute of Nuclear Physics (SINP), Kolkata, WB from 1992 to
2009 and Variable Energy Cyclotron Centre(VECC), Kolkata, WB, from 1987 to 2009.
iv.He was a member of the Scientific Advisory Council of the Prime Minister of India from 2005 to 2009 and
also nominated to the council again in 2009.
v.He has also served as the President of the Indian Physics Association from 2007 to 2010.
Specialization Areas:
Nuclear Physics, High Energy Physics, Quark Gluon Plasma, Nuclear Medicine Precursory Signals of
Earthquakes, Helium from Thermal Spring and Early Universe Cosmology.

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Awards:
i.He was honoured with Padma Shri in 2001 and Padma Bhushan in 2010 in the Science & Engineering
field.
ii.He was the recipient of the S.N. Bose Birth Centenary Award of the Indian Science Congress Association in
1994.
iii.He is also the recipient of West Bengal highest state award ‘Bangabibhushan’ (2022). He also received the
‘Rabindra Smriti Puraskar’ in 2022.
iv.He also won Humboldt Research Award by the Alexander von Humboldt Foundation, Germany and Prof.
Meghnad Saha Memorial Lecture Award from The National Academy of Sciences, India.
Books:
He has authored a book titled ‘Sristi O Krishti Bandhanhin Granthi’ in Bengali, published by Ananda
Publishers in 2012.

IMPORTANT DAYS
First-Ever UN’s World Steelpan Day 2023 – August 11
The United Nations (UN)’s first-ever World Steelpan Day was observed on 11th August 2023, to recognise
the cultural and historical significance of the Steelpan, the National Musical instrument of Trinidad and Tobago,
and its correlation to cultural, social, and economic development.

• Steelpan or steel drums orginiated in the islands of Trinidad and Tobago (T&T), one of the
wealthiest countries in the Caribbean, during the 1930s.
• The day also recognises the potential of the steelpan in advancing the Sustainable Development
Goals (SDGs), through their use in sectors such as tourism, culture, education, and even the domains
of STEM (science, technology, engineering, arts, and mathematics).
Note: ‘Steelpan’ was declared as the National Musical instrument of Trinidad and Tobago in August 1992.
Pan Month:
POS (T&T) base Pan Trinbago Inc is a cultural organisation recognised as the parent body for steelbands. It has
been celebrating ‘Pan Month‘ in the month of August every year since 1992, to commemorate the official
declaration of the Steelpan as the national instrument of T&T.
Background:
i.On 24th July 2023, the United Nations General Assembly (UNGA) adopted a resolution A/RES/77/316 and
proclaimed the 11th of August every year as World Steelpan Day.
• 11th August 2023 marks the first observance of World Steelpan Day.
ii.The UN annual observance of World Steelpan Day is a global acknowledgment of the renowned traditional
musical instrument. The draft resolution for World Steelpan Day secured co-sponsorship from 84 member
states of the UNGA.

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iii.In 2019, Port of Spain (POS), the capital city of T&T, was designated as a United Nations Educational,
Scientific and Cultural Organization (UNESCO) Creative City of Music for its creativity through the Steelpan, as a
strategic component for sustainable urban development.
• Other Creative Cities of Music in the Caribbean are Havana, Kingston, and Santo Domingo.
iv.In 2022, the Government of T&T formally requested UNESCO to proclaim August 11 as World Steelpan Day
from 2023, and annually, thereafter.
Note: Randall Mitchell, T&T’s Minister of Tourism, Culture, and the Arts brought the resolution for World
Steelpan Day to the UNGA and shared key details about the Steelpan.
What is Steelpan?
i.It is a definite percussion instrument in the idiophone class.
i.The steelpan is also known as a pan, steel drum, or even as part of a steel band or steel orchestra.
ii.Rubber-tipped straight sticks are used to play the pan, the tip’s material and size vary with the pan’s class.
iii.The steel pan’s origin can be traced back to T&T’s early 20th-century Carnival. The Carnival percussion
groups contributed to the development of the modern steel pan band.
Key Points:
i.‘Trinidad All-Steelpan Percussion Orchestra’ (TASPO) was the first Steelpan band, performed at the Festival of
Britain, the United Kingdom (UK) in 1951, and was the first group to take the steelpan worldwide.
ii.The first national steelpan competition debuted in T&T in 1963.
About Trinidad & Tobago:
Capital– Port of Spain
Prime Minister– Keith Christopher Rowley
Currency– Trinidad & Tobago Dollar

STATE NEWS
Rajasthan CM Launched Indira Gandhi Smart Phone Scheme in Jaipur
On 10th August 2023, Ashok Gehlot, Chief Minister (CM) of Rajasthan, launched the Indira Gandhi Smart Phone
Scheme during an event organised at the B.M. Birla Auditorium in Jaipur, Rajasthan.

• During the event, CM also launched the ‘Digital Sakhi Book’.

About Indira Gandhi Smart Phone Scheme:
i.Under this scheme, free smartphones with 3 years of data facility will be distributed to 1.3 crore women in
Rajasthan. The beneficiaries will include girl students (class 9 to class 12) of government schools, college
students, single women, and widows.
ii.Rs 6800 will be deposited in an e-wallet through DBT (Direct Benefit Transfer) for the purchase of these
smartphones and SIM.
1st Phase:
i.In the first phase of the scheme, it aims to provide smartphones to approximately 40 lakh women. Those
eligible for the first phase include women who served 100 days under the Mahatma Gandhi National Rural

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Employment Guarantee Act (MGNREGA) and 50 days under the Indira Gandhi Urban Employment Guarantee
Scheme.
CM announced Fuel Surcharge Waiver for Electricity Consumers in Rajasthan
CM Ashok Gehlot announced a complete waiver of the fuel surcharge for all domestic and agricultural power
consumers in Rajasthan.
It is noted that hereafter, no consumer will be required to pay the surcharge after using more than 200 units of
electricity.
• Previously, the waiver was applicable only to those who used up to 200 units of electricity per
month.
What is Fuel SurCharge?
A fuel surcharge for power consumers is an additional fee on electricity bills, covering the cost of fuel used to
generate power. This charge can vary based on factors such as the price of fuel and the efficiency of power
generation methods.
• It is often used to cover the expenses incurred in producing electricity using fossil fuels like coal, oil,
or natural gas.
Key Points:
i.This would impose an additional cost of Rs 2500 crore. This will be borne by the government of Rajasthan.
The public-sector power distribution company will get the amount from the State government.
ii.To provide relief from the high input costs of agriculture, the government of Rajasthan provides 2000 units of
electricity per month at no cost to farmers.

TDB-DST partnered with M/s Noccarc Robotics to Commercialise Advanced ICU Ventilator
The Technology Development Board (TDB), Department of Science & Technology (DST), has entered into an
agreement with M/s Noccarc Robotics Private Ltd., Maharashtra (Mumbai), a company dedicated to the
commercialisation of digitally enabled advanced universal Intensive Care Unit (ICU) ventilators. The entire
technology has been indigenously developed by Noccarc, with several patents filed for each component of the
ventilator.
• TDB, as a statutory body to promote the development and commercialization of indigenous
technology and the adaptation of imported technology for wider application, has promised to
support Rs 3.94 crore out of the total project cost of Rs 7.89 crore.
• Established in the Startup Incubation and Innovation Center of the Indian Institute of Technology
(IIT), Kanpur, Uttar Pradesh, M/s Noccarc embodies the spirit of innovation with its indigenously
developed technology.
• The V310, Noccarc’s entry-level ventilator, emerged as a lifeline during the COVID-19 crisis. Building
on this success, Noccarc introduces the V730i, a smart ventilator designed to redefine critical care. It
offers seamless cloud connectivity through Global System for Mobile Communication (GSM), Wi-Fi,
and Local Area Networks (LAN).
• This initiative is aligned with the Government of India’s (GoI) vision for an Atmanirbhar Bharat
(self-reliant India) and Make in India initiatives in the medical devices sector.
• Healthcare professionals can remotely track and manage patient data through Noccarc’s advanced
digital platform, which will also enable hospitals to digitize their ICU data and workflows.

Aspirant Queries
Aspirant: Does Affairscloud covers all the Current affairs topics
related to examinations?

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Affairscloud: We Guaranteed All the Important topics related to
examination are covered in Our Daily CA content and Daily CA
Quizzes.
Aspirant: Why is there a delayal in news?
Affairscloud: As some of the major news sites doesn't provide the
required data on the exact day, we take extra time for important
data to be presented to the aspirants on the examination basis to
ensure nothing is missed.

Example: In 'Important Days' topics the International

Organisations publish their reports and Rankings in the evenings, to
make sure every data is covered, we delay the topics to the next day

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