PIB Summary and Analysis for RBI Grade B, NABARD Grade A :7th Sep 2021

Daily PIB Summary & Analysis for RBI Grade B 2022, NABARD Grade A 2021, and SEBI Grade A Exam. In this Article we will discuss Press Information Bureau (PIB) Programs and their Summary for RBI Grade B Economics and Social Issue Section.

Press Information Bureau (PIB) releases news related to the policies, programmes, initiatives and achievements of the Government of India. PIB releases are important to be read for the RBI Grade B Exam however, equally important is to know which PIB release should be read.

The Press Information Bureau (PIB) is the nodal agency of the government of India to broadcast and publicize information on government policies, initiatives, achievements and working of every ministry and department within the government through its official website using various articles, images and photographs

PM addresses the inaugural conclave of Shikshak Parv

• The Prime Minister said 'Vidyanjali 2.0' is like a platform for the country's resolve of 'Sabka Prayas' with 'Sabka Saath, Sabka Vikas, Sabka Vishwas'. In this society, our private sector has to come forward and contribute to increasing the quality of education in government schools.

• He added that National Digital Architecture i.e. N-DEAR is likely to play a major role in eradicating inequality in education and its modernization. N-DEAR will act as a ‘super-connect’ between various academic activities in the same way as UPI interface revolutionized the banking sector. 

• Nishtha 3.0 will encourage competency-based teaching, art integration, and creative & critical thinking

• Every Olympian and Paralympian to visit 75 schools as per Prime Minister’s request

• School Quality Assurance and Assessment Framework of CBSE: School Quality Assessment and Assurance Framework (S.Q.A.A.F) , which was operationalized today, would address the deficiency of the absence of a common scientific framework for dimensions like curricula, pedagogy, assessment, infrastructure, inclusive practices and governance process. SQAAF will help in bridging this inequality.

• He also launched Indian Sign Language Dictionary (audio and text embedded sign language video for the hearing impaired, in conformity with Universal Design of Learning), Talking Books (audiobooks for the visually impaired)

Indian Sign Language Dictionary will facilitate wider dissemination and use by 13 lakhs Hearing Impairments people and further help in the standardization of ISL.

Now you can also contribute to the betterment of the Indian Education System by volunteering. Vidyanjali portal to enable community/volunteers to contribute by connecting directly with the Government and Government aided schools of their choice.

NISHTHA 3.0 under NIPUN Bharat is a platform that provides training to teachers on how to make education more enjoyable for a practical understanding.  Around 25 lakh teachers will be benefitted and trained through NISHTHA 3.0

Webinar on the importance of Poshan Vatika for alleviation of malnutrition organised

• The Ministry of Ayush and Ministry of Women and Child Development jointly organised a webinar on the importance of ‘Poshan Vatika’ for alleviation of malnutrition today.

• Ministry of Ayush will collaborate with 3,000 Aanganwadis to take forward the campaign of establishing Poshan Vatikas and will also decide the nutritional and herbal trees that will be planted there.

MoU Signed between All India institute of Aryuveda and Western Sydney University, Australia to appoint an Academic Chair in Ayurveda

• All India Institute of Ayurveda under Ministry of Ayush, signed a MoU in coordination with NICM Western Sydney University Australia, in virtual mode, to appoint an Academic Chair in Ayurveda

• The new Academic Chair will undertake academic and collaborative research activities in Ayurveda, including herbal medicine and yoga, as well as   design academic standards and short-term/medium-term courses and educational guidelines

• The appointment of the chair is jointly funded by the Ministry of Ayush and Western Sydney University and anticipated to commence early in 2022.

Ministry of Coal Constitutes Task Force and Expert Committee to Prepare Road Map for Coal based Hydrogen Production

• On India’s 75th Independence Day, the Prime Minster announced a Hydrogen Mission. Coal is one of the important sources of hydrogen making (Brown Hydrogen) apart from Natural Gas (Grey hydrogen) and renewable energy (Green Hydrogen) through electrolysis.

• However, Coal has not been encouraged elsewhere because of the fear that while extracting hydrogen via coal (from the moisture embedded in coal) there may be carbon emission. Almost 100% of Hydrogen produced in India is through Natural Gas.

• Globally, 73 MT Hydrogen is used for refining, ammonia making and other pure use and about 42 MT is used for Methanol, steel making and other mixed uses.

• Cost of Hydrogen produced from coal can be cheaper and less sensitive to imports when compared with hydrogen production through electrolysis and Natural Gas respectively.

• In light of the above, Ministry of Coal has constituted 2 Committees today, one to oversee the program and another of experts to give guidance to the Ministry. This is aimed for contributing to PM's agenda of a hydrogen-based economy in a clean manner.

• Task Force constituted under the Chairmanship of Shri Vinod Kumar Tiwari, Additional Secretary Coal and Further, the Expert Committee under the chairmanship of Shri R.K. Malhotra, Director General (FIPI)/ Former Chairman; Director, IOCL

India Post Payments Bank, LIC Housing Finance announces Strategic Partnership for Offering Home Loan Products

• India Post Payments Bank (IPPB) under Department of Posts, Ministry of Communications and LIC Housing Finance Ltd (LICHFL), the country’s premier housing finance player, today announced a strategic partnership for providing home loan products to over 4.5 crore customers of IPPB. 

• Through its robust and extensive network of 650 branches and more than 136,000 banking access points, IPPB will make LICHFL’s home loan products accessible to its customers pan-India.

• IPPB’s on-ground workforce of nearly 200,000 postal employees (Postmen and GraminDakSevaks) equipped with micro-ATMs and biometric devices through its innovative Doorstep Banking Service will play a significant role in offering LICHFL’s housing loans.

About LIC HFL Home Loans:

• LIC Housing Finance Ltd, offers home loan starting from 6.66% for loans up to Rs 50 lakh for salaried individuals. The rate of interest offered is linked to the borrower’s creditworthiness, as reflected by their CIBIL scores.

• LICHFL’s unique home loan product - GrihaVarishtha- is designed for retired or serving employees of PSU insurers, Central/State government, railways, defence, banks etc. entitled to pension under Defined Benefit Pension Scheme. 

• The age of the borrower at entry of the loan can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.

• Mr. Y. ViswanathaGowd, MD & CEO, LIC Housing Finance and Mr. J. Venkatramu, MD & CEO, India Post Payments Bank

Union Minister of Culture Shri G.K Reddy launches program 'BujurgonkiBaat–DeshKeSaath'

• The book “Gita Govinda :Jaydeva’s Divine Odyssey” by Dr.Utpal K. Banerjee , along with an exhibition on “Gita Govinda” also  launched

• The programme 'BujurgonkiBaat–DeshKeSaath’ aims at enhancing the interaction between the youth and the elder persons who are 95 years and above.

• The exhibition showcases collection of paintings on the theme of Krishna from various schools of art including Amber, Kangra among other.

• Gita Govinda is originally written by 12th century poet Jayadeya.

INS TABAR CONDUCTS MARITIME PARTNERSHIP EXERCISE WITH EGYPTIAN NAVY

• On leaving the port of Alexandria on 05 September 21, INS Tabar undertook a maritime partnership exercise with ENS Alexandria, a frontline frigate of the Egyptian Navy, in the Mediterranean Sea.

Raksha Mantri Shri Rajnath Singh approves Delegation of Financial powers to Armed Forces for Revenue Procurement (DFPDS 2021)

• Financial powers devolved to field formations; focus on operational preparedness; promote ease of doing business & jointness among Services

• Two times general enhancement for Competent Financial Authorities; Up to 5-10 times at field formations in certain Schedules

• 10% increase in Delegated Financial Powers of Vice Chiefs of Services subject to an overall ceiling of Rs 500 crore.

• Up to three times increase in Schedules related to Indigenization/R&D to achieve ‘Atmanirbhar Bharat’

• Enabling provision of Emergency Financial Powers to Field formations below Command level for Defense Services incorporated in Emergency Powers Schedule for ops immediate military necessities

Shri Bhupender Yadav dedicates first functional Smog Tower of India, situated at Anand Vihar in New Delhi.

• The Union Minister, who was speaking at an event in New Delhi today to mark the second International Day of clean Air For Blue Skies, stated that the Central Government has launched several initiatives to improve air quality in the entire country, with the Prime Minister himself setting a goal for holistic improvement in air quality in more than 100 cities. “86 cities showed better air quality in 2019 in comparison to 2018, which increased to 104 cities in 2020”

• The tower has been built by Tata Projects Limited with NBCC (India) Ltd. as the project management consultant.

The event also witnessed launch of a portal named “PRANA” – Portal for Regulation of Air-pollution in Non-Attainment citiesunder the National Clean Air Programme (NCAP).

• The portal (prana.cpcb.gov.in) will support tracking of physical as well as financial status of city air action plan implementation and disseminate information on air quality to public.

• So far, 375.44 crores have been released to 114 cities during FY 2019-20 & 2020-21 for initiating actions under city action plan. Further, 4400 cores have been released to 42 cities with million plus population as per recommendations of 15th Finance Commission report for FY 2020-21

Ministry of Environment, Forest and Climate Change and Central Pollution Control Board (CPCB) are implementing National Clean Air Programme (NCAP) in the country since 2019 with targets to achieve 20 to 30 % reduction in Particulate Matter (PM10 and PM2.5  ) concentrations by 2024 across the country.

• Minister of State in the Ministry of Environment, forest and Climate Change, Shri Ashwini Choubey while addressing the event said that Clean Air is intricately linked to a host of benefits for the human being and gave the slogan “Swachh Pawan, Neel Gagan”

‘Food Processing Week’ organized by Ministry of Food Processing Industries, under the 'Azadi Ka Amrit Mahotsav'

• As a part of the celebration, the Ministry of Food Processing Industries is celebrating ‘Food Processing Week’ from 6th to 12th September, 2021, under which, the Ministry is organizing various programs.

• A Workshop on 'One District, One Product' was organized by the Ministry of Food Processing Industries and Department of Agriculture, Lakshadweep.

• An amount of Rs.1.06 Crore as Seed Capital amount has been transferred to 12 District Project Management Units (DPMU) of SRLM for 311 SHG enterprises under the PMFME Scheme in the State of Chhattisgarh.

• Union Minister for Food Processing Industries, Shri Pashupati Kumar Paras and Minister of State for Food Processing Industries, Shri Prahlad Singh Patel, virtually inaugurated five food processing projects in states of Assam, Gujarat and Karnataka.

Union Minister, Fisheries, Animal Husbandry and Dairying chairs a review meeting with Uttar Pradesh State Animal Husbandry and Dairying Minister

• He advised the State Minister to further expand the existing PashuBima and to promote Kisan Credit card (KCC) for livestock farmers on a campaign mode.

Dr Jitendra Singh inaugurates five-day International Conference on Nanotechnology for Better Living at Srinagar

• This is the 7th Edition of the Conference and is being held under the aegis of Materials Research Society of India in association with Anna University, SKUAST-K, NIT Mizoram, SSM College of Engineering, IIT Madras, SKIMS, M G University Kerela, and in collaboration with Nanoscale Research Facility (NRF), IIT Delhi. 

• He made a mention of an 11-year-old Indian-American girl Gitanjali Rao who has been honoured as “America’s top young scientist” for inventing a quick, low-cost test to detect lead-contaminated water using carbon nano-tubes”.

NITI Aayog and Gujarat University Sign SoI to Promote Cooperation in Agriculture

• Dr Rajiv Kumar Launches India’s First MBA Programme in Agripreneurship and Value Chain Management, Offered by Indian Institute of Sustainability (IIS)

• IIS has also proposed to open a Centre of Agripreneurship and Natural Farming with the support of NITI Aayog.

Coal India Limited contributes Rs. 75 cr. towards National Sports Development Fund of Ministry of Youth Affairs & Sports

• National Sports Development Fund (NSDF) of Department of Sports, M/o YAS signed MoU with Coal India Limited in the presence of Union Minister for Youth Affairs & Sports Shri Anurag Singh Thakur today in New Delhi for contribution of Rs 75 cr by CIL towards NSDF as part of CSR

• Coal India Ltd's endeavor to contribute substantial funds of Rs.75 crore towards construction of three hostels for sports athletes will bring ease of training and enhanced facilities

India @75 - Atmanirbhar Corner to be set up by TRIFED in 75 missions and embassies around the world

• The 75 countries include Jamaica, Ireland, Turkey, Kenya, Mongolia, Israel, Finland, France, and Canada, Singapore, Russia, US, Indonesia, Greece and Cyprus among others.
• The corner will be an exclusive space to promote GI tagged tribal art and craft products besides natural and organic products.
• TRIFED will also be establishing an Atmanirbhar corners in 75 embassies of foreign countries  in India.

News Source : Multiple PIB Articles

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