Sept 1st Week Details (Eng) by AC
Sept 1st Week Details (Eng) by AC
Sept 1st Week Details (Eng) by AC
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NITI Aayog Released Report on “Pathways in ten states which includes Assam, Gujarat,
and Strategies for Accelerating Growth in Himachal Pradesh (HP), and West Bengal
(WB) in order to improve the tourism service
Edible Oil Towards the Goal of
experience for tourists.
Atmanirbharta”
Suman Bery, Vice-Chairperson, National Institution for
Overview of PM Modi's visit to Maharashtra
Transforming India (NITI Aayog) released report
titled “Pathways and Strategies for Accelerating on August 30,2024
Growth in Edible Oil Towards the Goal of Narendra Modi, Prime Minister (PM) of India, visited
Atmanirbharta”. The report was presented by Dr. Mumbai and Palghar in Maharashtra on 30th August
Neelam Patel, Senior Advisor (Agriculture), NITI Aayog. 2024.
✓ Overall, the strategic interventions proposed PM Modi laid the foundation stone of Vadhavan Port,
by the report can help to achieve the projected near Dahanu town in Palghar district, Maharashtra. The
edible oil supplies of 36.2 million tonnes (MT) estimated budget of this project is around Rs 76,000
and 70.2 MT by 2030 and 2047 respectively. crore.
✓ PM Modi also inaugurated and laid the
foundation stone of 218 fisheries projects
SJVN, NHPC, RailTel and Solar Energy
worth around Rs 1,560 crore in Palghar district,
Corporation of India get ‘Navratna’ Status Maharashtra. This aims to strengthen the
Department of Public Enterprises, Ministry of Finance, fisheries sector infrastructure and productivity
Government of India has granted “Navratna status” to across India.
four Central Public Sector Enterprises (CPSEs) ✓ PM Modi addressed a special session at the
viz. Railtel Corporation of India (RCIL), Solar Energy 5th Global Fintech Festival (GFF 2024) held
Corporation of India (SECI) Limited, National at the Jio World Convention Centre in Mumbai,
Hydroelectric Power Corporation (NHPC), and Maharashtra.
Satluj Jal Vidyut Nigam Ltd. (SJVN). With this, the o Theme GFF 2024: “Blueprint for the
number of Navratna CPSEs has increased to 25 from Next Decade of Finance: Responsible
21. Artificial Intelligence (AI) | Inclusive |
Resilient”.
MSDE Signed MoU with Visa To Upskill o GFF jointly organised by the Payments
20,000 Youths For Tourism Industry Council of India (PCI), the National
The Tourism and Hospitality Skill Council (THSC) Payments Corporation of India (NPCI)
under the aegis of the Ministry of Skill Development and the Fintech Convergence Council
and Entrepreneurship (MSDE) has signed a (FCC). Click here to read full News
Memorandum of Understanding (MoU) with Visa Inc.
to upskill at least 20,000 Indian youths in tourism- PM Narendra Modi inaugurates National
relevant skills. Conference of District Judiciary in New
✓ It is a three-year partnership worth up to USD
Delhi; SCI Flag unveiled
1 million. This partnership builds upon Visa’s
Prime Minister (PM) of India Narendra Modi
ongoing collaboration with the Ministry of
inaugurated the two-day long 'National Conference of
Tourism (MoT) and aims to train young people
Union Minister Shivraj Singh Chouhan Union Minister Annpurna Devi Launches 7th
Launches AgriSURE Fund & Krishi Nivesh Rashtriya Poshan Maah 2024
Portal Union Minister Annpurna Devi Yadav, Ministry of
Union Minister Shivraj Singh Chouhan, Ministry of Women and Child Development (MoWCD) has
Agriculture and Farmers Welfare (MoA&FW) has launched ‘Rashtriya Poshan Maah 2024 or Nutrition
launched a Rs.750 crore ‘Agri Fund for Start Ups and Month 24' at Mahatma Mandir, Gandhinagar, Gujarat.
Rural Enterprises(AgriSURE)’ and Agri investment ✓ The day started with a nation-wide plantation
Portal named ‘KrishiNivesh’ at New Delhi, Delhi. drive under the ‘Ek Ped Maa Ke Naam’
✓ 13 banks have been awarded the AIF campaign at 14 lakh Anganwadi centres across
Excellence Award in 4 different categories. The the country.
State Bank of India (SBI) has been ranked first
in BHARAT and RAPID category (from July CM Eknath Shinde Inaugurated 27th
2023 to February 2024). National Conference on e-Governance in
✓ Madhya Pradesh (MP) has emerged as the top-
Mumbai
performing state under the Rs 1 lakh crore
Eknath Shinde, Chief Minister (CM) of Maharashtra,
Agriculture Infrastructure Fund (AIF) scheme,
inaugurated the 27th National Conference on e-
followed by Maharashtra, Uttar Pradesh (UP),
Governance (NCeG) at the Jio World Convention
Punjab, and Rajasthan. These five states
Centre in Mumbai, Maharashtra.
account for 50% of the total Rs 47,889 crore
✓ The 27th NCeG took place from 3rd to 4th
sanctioned under the AIF.
September 2024 under the theme - “Viksit
INTERNATIONAL AFFAIRS
India Signed MoU with Saudi Arabia To NSA Ajit Kumar Doval, Visited Colombo to
Enhance Bilateral Cooperation in Public Sign the Founding Documents of CSC
Sector Ajit Kumar Doval, National Security Adviser (NSA) to
The Comptroller and Auditor General of India (CAG) the Prime Minister (PM) of India visited Colombo (Sri
has signed Memorandum of Understanding (MoU) with Lanka) from 29-30 August 2024, for the signing of the
the General Court of Audit, Kingdom of Saudi Arabia Founding Documents of the Colombo Security
(Saudi Arabia) to enhance bilateral cooperation and Conclave (CSC), a regional security grouping.
exchange expertise in the filed of public sector ✓ India, the Maldives, Mauritius, and Sri Lanka
auditing. signed a Charter and a Memorandum of
Understanding (MoU) for the establishment of
the CSC Secretariat in Colombo, Sri Lanka.
2nd Meeting of Joint Russian-Indian
✓ Santosh Jha, High Commissioner of India to Sri
Commission on the Cooperation in the Field Lanka, handed over the 1st payment for India-
of Emergency Management held in Russia backed hybrid energy projects in the Delft,
2nd meeting of the joint Russian-Indian Nainativu, and Analaitivu islands off the Jaffna
Commission on the Cooperation in the Field of peninsula, Sri Lanka.
Emergency Management was held in Moscow, Russia. ✓ Adani Green Energy has committed over USD
✓ India will host the 3rd meeting of Indo-Russian 440 million for a wind power project in
Joint Commission on the Cooperation in the northern Sri Lanka.
Field of Emergency Management in 2026.
✓ Working plan of joint Russian-Indian
WHO Report: Road Accident Deaths in India
Commission on the Cooperation in the field
Surge by 2% during the Period 2010-2021
of Emergency Management for 2025-26.
According to World Health Organisation (WHO)’s
report titled “WHO South-East Asia Regional Status
BRICS Countries Adopt Climate & Report on Road Safety: Towards Safer and
Sustainable Development Cooperation Sustainable Mobility”, India reported an increase in
Framework estimated road traffic deaths by 2% during 2010-2021
The BRICS bloc, an intergovernmental organisation, period.
comprising Brazil, Russia, India, China, South Africa, ✓ India reported around 1,53,973 road traffic
Egypt, Iran, United Arab Emirates (UAE), Saudi Arabia, fatalities in 2021 and has reported around
and Ethiopia, has adopted a framework document on 2,16,618 road deaths in the same period.
climate and sustainable development following a ✓ As many as 3,30,222 deaths were reported in
two-day BRICS Climate Agenda in Modern Conditions the South-East Region (SEARO) in 2021 due to
Forum held in Moscow, Russia. Road Traffic Injuries (RTI), which accounts
about 28% of global road traffic deaths.
RBI introduces Scheme for Trading and Paytm Receives MoF Approval For
Settlement of Sovereign Green Bonds in Downstream Investment into PPSL
IFSC Noida (Uttar Pradesh, UP) based Paytm, owned by
Reserve Bank of India (RBI) launched a “Scheme for One97 Communications Limited (OCL) has received
Trading and Settlement of Sovereign Green Bonds the approval from Department of Financial
(SGrBs) in International Financial Services Services(DFS), Ministry of Finance (MoF) for the
Centre (IFSC) in India. The scheme aims to facilitate downstream investment into its payment services
investments in SGrBs issued by the Government of arm Paytm Payment Services Limited (PPSL).
India (GoI) to eligible foreign investors in the IFSC.
DEA Issued 6 New Rules for PPF,
HDFC Bank announces GIGA, Financial Sukanya Samriddhi Yojana, Other Small
Product for India's Gig Workers; Launches Savings Schemes with effect from 1st
DigiPassBook October 2024
HDFC Bank Limited has introduced GIGA, a The Department of Economic Affairs (DEA), under the
comprehensive financial suite tailored for gig workers Ministry of Finance (MoF), has issued 6 new
and freelancers in India. This program addresses the regulations that are related to investors in Public
unique financial needs of the rapidly expanding gig Provident Fund (PPF), Sukanya Samriddhi Yojana
economy, which includes a wide range of workers (SSY), and other Small Savings Scheme (SSS). These
from various sectors. new rules will come into effect from 1st October,
✓ GIGA offers a specialised savings account, 2024.
current account, debit and credit cards, ✓ These new regulations have been categorised
flexible investment products, health insurance, into following sections such as: irregular NSS,
and custom retail asset products. PPF accounts opened under a minor’s name,
✓ HDFC Bank Limited has launched holding various PPF accounts, extension of a
DigiPassBook on its SmartWealth PPF account by Non-Resident Indian (NRI),
Application(App), allowing users to regularization of Sukanya Samriddhi Account
consolidate and manage all equity (SSA) initiated by grandparents instead of
investments, Exchange-Traded Fund (ETFs), guardians.
and demat accounts in one place.
Moody’s Ratings Raised India’s GDP Growth Nomura Lowers India’s GDP Growth
Forecast to 7.2% for CY 2024 Forecast to 6.7% for FY25
Global Rating Agency, Moody’s Ratings announced Japanese brokerage firm, Nomura Holdings Inc. has
that it has raised India’s Gross Domestic Product lowered its Gross Domestic Product (GDP) projection
(GDP) growth forecast to 7.2% for Calendar Year (CY) for India for the Financial Year 2024-25(FY25) to 6.7%
2024 from its previous estimate of 6.8% and to 6.6% Year-on-Year (Y-o-Y) from its previous estimate of
for CY25, against its previous estimates of 6.5%. 6.9%.
✓ Moody’s projected that global growth is likely ✓ It has lowered India’s GDP forecast for FY25
to decrease to 2.7% in 2024 and 2.5% in 2025, following the National Statistical Office (NSO)
from 3.0% in 2023, though trends may vary officially released data on 30th August 2024,
from country to country. which showed India’s GDP grew by 6.7%,
✓ Moody’s has lowered India’s Consumer Price slower than expected on an annual basis in the
Index (CPI) inflation in 2024 by 20 basis 1st Quarter(Q1: April-June) of FY25 against the
points (bps) from 5.2% to 5.0%. growth rate of 8.2% in Q1 of FY24(2023-24).
GRSE & NHIDCL Signed MoU for Supply of WB Upgrades its Estimate of India's GDP
Double-Lane Modular Bridges growth to 7% from 6.6% for FY25
The Garden Reach Shipbuilders & Engineers Limited On September 3, 2024, the World Bank (WB) in its
(GRSE) signed a Memorandum of Understanding 'India Development Update (IDU)- India’s trade
(MoU) with the National Highway Infrastructure opportunities in a changing global context' upgraded
Development Corporation Limited (NHIDCL) for the India's growth estimate to 7% from 6.6% for Financial
fabrication, supply, and launching of Double-Lane (DL) Year 2024-25 (FY25). Despite global challenges and
Class 70 Modular Steel and Bailey bridges. the fading effects of post-pandemic recovery, India's
medium-term outlook remains positive.
NSO: India’s Real GDP Growth Slows to 15- ✓ The Gross Domestic Product (GDP) growth is
projected at 6.7% for FY26 and FY27.
month Low of 6.7% in Q1 of FY25
✓ The Current Account Deficit (CAD) is expected
National Statistical Office (NSO), Ministry of Statistics
to widen to 1.1% of GDP in FY25 from 0.7% in
and Programme Implementation (MoSPI), released the
FY24, supported by strong services exports
Estimates of Gross Domestic Product (GDP) For the
and expanding high-tech goods exports.
First Quarter (April- June) of 2024-25, along with its
✓ The Fiscal Deficit(FD) is anticipated to reduce
expenditure components both at Constant (2011-12)
from 5.6% of GDP in FY24 to 4.9% in FY25,
and Current Prices.
further narrowing to 4.5% by FY26.
✓ India’s Real GDP slowed to a 15-month low
of 6.7% in Q1of FY25 as compared to the
growth rate of 8.2% in Q1 of FY24 (2023-24), India’s Current Account Deficit Likely to
mainly due to poor performance of the Rise 1% of GDP in Q2FY25: Ind-Ra Report
agriculture and services sector. According to the India Ratings and Research (Ind-Ra)
✓ Real Gross Value Added (GVA) registered a latest report, India’s Current Account Balance (CAB) is
growth of 6.8% (in Q1of FY25) over the growth expected to increase 1% of its Gross Domestic
rate of 8.3% (in Q1of FY24). It is estimated at Product (GDP)in the 2nd Quarter (Q2: July-
Rs 40.73 lakh crore in Q1of FY25, against Rs September) of Financial Year 2024-25 (FY25).
38.12 lakh crore in Q1 of FY24. ✓ The report has estimated a deficit of nearly
USD 8 billion, is equivalent to 0.8% of GDP in
66th Ramon Magsaysay Awards: Japanese ✓ Thomas Bach also presented the Olympic
Animator Hayao Miyazaki Among 5 Order to Laurent Nuñez, the Paris Prefect of
Recipients of 2024 Police, a special police authority in France,
and Nicolas Ferrand, Executive Managing
The Ramon Magsaysay Award Foundation (RMAF)
Director (EMD) of SOLIDEO, the company
has announced recipients of the 66th edition of
responsible for delivering the Olympic
Ramon Magsaysay Awards (2024), the , premier prize
facilities, since 2017.
of Asia and highest honor which recognises the
greatness of spirit shown in selfless service to the
peoples of Asia. FICCI Honoured Ayushmann Khurrana &
The 2024 recipients includes 4 Individuals and 1 Neeraj Chopra with the Youth Icon of India
Group: Award 2024
✓ Hayao Miyazaki (Japan), On 29th August 2024, Federation of Indian Chambers
✓ Karma Phuntsho (Bhutan), of Commerce and Industry (FICCI) organised the 1st
✓ Dr. Nguyen Thi Ngoc Phuong (Vietnam), edition of the 'FICCI Young Leaders Awards (2024)'
✓ Farwiza Farhan (Indonesia), and and recognised outstanding young achievers across 13
✓ the Rural Doctors’ Movement (Thailand). categories.
✓ Bollywood actor Ayushmann Khurrana with
IOC Awards Olympic Order in Gold to ‘The Youth Icon Award 2024
French President Emmanuel Macron; (Entertainment)’ and Indian Javelin thrower
Laurent Nuñez & Nicolas Ferrand Awarded and Olympic medallist Neeraj Chopra with
‘The Youth Icon Award 2024 (Sports).
Olympic Order
✓ FICCI also honoured Indian fashion
Emmanuel Macron, President of France, was
designer Rahul Mishra with Youth Icon Award
presented with the Olympic Order in Gold, for his
2024 (Art & Culture); Amitabh Shah, Founder
unwavering support of the Olympic Games Paris 2024.
of Yuva Unstoppable, with Youth Icon Award
He received this honour from Thomas Bach, President
2024 (Public Service); and Journalist Palki
of the International Olympic Committee (IOC), at an
Sharma with Youth Icon Award 2024 (Media).
official ceremony held at the Elysée Palace in Paris,
France.
GSL Launched India's 1st PCV Samudra HAL & SAFHAL Signed an Airframer
Pratap for Indian Coast Guard Contract to Develop and Produce 'Aravalli'
Neeta Seth, wife of Sanjay Seth, Minister of State Helicopter Engines
(MoS), Ministry of Defence (MoD), launched the Hindustan Aeronautics Limited (HAL), a Navaratna
Pollution Control Vessel (PCV) ‘GSL Yard 1267’ Public Sector Undertaking (PSU) under the Ministry of
named ‘Samudra Pratap’ for the Indian Coast Guard Defence (MoD), and SAFHAL Helicopter Engines
(ICG) in an event held at Goa Shipyard Limited (GSL), in Private Limited (SAFHAL) signed an airframer
Vasco da Gama, Goa. contract, to commence joint design, development,
✓ This is the 1st indigenously built PCVs, manufacture, supply, and support of a new generation
designed and constructed entirely in-house by high-power engine named “Aravalli”.
the GSL to meet the specific needs of the ICG. ✓ The Aravalli engine will power the 13-ton
Medium Lift class Indian Multi-Role Helicopter
(IMRH), and the Deck-Based Multi-Role
Helicopter (DBMRH), both designed and
developed by HAL.
ENVIRONMENT
‘Mimetus Spinatus’ & ‘Mimetus Parvulus’: Carrhotus piperus: New Spider Species
Two New Cannibal Spider Species Discovered in Tamil Nadu
Discovered in Western Ghats A new species of jumping spider named
A team of researchers from the Zoological Survey of ‘Carrhotus piperus’ has been discovered in the
India (ZSI) have discovered ‘Mimetus Spinatus’ and lower Palani Hills in Dindigul District, Tamil Nadu
‘Mimetus Parvulus’, two new species of cannibal (TN). This discovery raises the total number of known
spiders in the Western Ghats, a biodiversity hotspot. Carrhotus species in India to 10, with 37 globally.
These species were found in Mookambika Wildlife ✓ The detailed research findings has been
Sanctuary, Karnataka and Ernakulam district of published in the Journal of Insect Biodiversity
Kerala. and Systematics (JIBS), an international peer-
reviewed journal of Tarbiat Modares University
(TMU) Press(Tehran, Iran).
SPORTS
IIS Signed MoU with UWW To Boost Ferrari’s Charles Leclerc won the F1 Italian
Wrestling in India GP 2024
The Inspire Institute of Sport (IIS) has signed a Ferrari’s Charles Leclerc, a Monacan racing driver,
Memorandum of Understanding (MoU) with the United won the Formula One (F1) Italian Grand Prix (GP)
World Wrestling (UWW) to boost the sport of 2024 (officially known as the F1 Pirelli Gran
wrestling in India. The MoU was signed during the Premio D'Italia 2024) held at the
2024 Paris Olympic Games, at the Wrestling House in Autodromo Nazionale Monza in Monza, Italy. This
Paris, France. victory marks Leclerc's 2nd Italian GP title. He
previously won the Italian GP title in 2019. McLaren’s
Oscar Piastri (Australia) finished 2nd followed by
OBITUARY
Renowned Lawyer AG Noorani Passed Away Kiingi Tuheitia, New Zealand’s Maori King
Abdul Ghafoor Majeed Noorani, (popularly known as Passed Away
A. G. Noorani) a renowned Constitutional expert, a Kiingi Tuheitia Pootatau Te Wherowhero VII, the King
distinguished lawyer, and author passed away at the of the Maori tribe in New Zealand, has passed away
age of 94 in Mumbai, Maharashtra. He was born on at the age of 69 after an 18-year reign. He was born in
16th September 1930 in Bombay (now Mumbai), 1955 in Huntly, New Zealand.
British India.
IMPORTANT DAYS
International Day for People of African National Nutrition Week (NNW) 2024 -
Descent 2024 - August 31 September 1 to 7
The United Nations (UN)’s International Day for National Nutrition Week (NNW) is annually observed
People of African Descent is annually observed across India from September 1 to 7, to educate people
across the globe on 31st August to celebrate the about the importance of proper nutrition and balanced
remarkable contributions of the African diaspora diet, and promote healthy eating habits and lifestyle
worldwide and eliminate all forms of discrimination choices. The NNW has been celebrated in India as a
against people of African descent. mass awareness campaign since 1982 by the Food
✓ 31st August 2024 marks the 4th observance and Nutrition Board (FNB), under the purview of the
of International Day for People of African MWCD, Government of India (GoI).
Descent. The first-ever International Day for
People of African Descent was observed on 31
August 2021.
STATE NEWS
Odisha Launches PM-USHA Programme To IAS Officer Amrit Lal Meena Appointed as
Strengthen Higher Education Chief Secretary of Bihar
The Odisha government has launched the Pradhan The Appointments Committee of the Cabinet (ACC)
Mantri Uchchatar Shiksha Abhiyan (PM-USHA) has approved the appointment of Amrit Lal Meena, an
programme aimed to strengthen the higher education Indian Administrative Service (IAS) officer of the 1989-
landscape in Odisha. It was launched through the batch Bihar Cadre, as the new Chief Secretary of
Memorandum of Understanding (MoU) signed Bihar, succeeding Brijesh Mehrotra, who got retired
between the Odisha government and Ministry of on 31 August 2024.
Education(MoE).
Assam to Celebrate 20th August as Sootea
IAS Officer Dharmendra Appointed as Chief Day from 2025
Secretary Of Delhi Himanta Biswa Sarma, Chief Minister (CM) of Assam,
The Ministry of Home Affairs(MHA) has appointed announced that 20th August of every year will be
Dharmendra, a 1989-batch Indian Administrative officially celebrated across as Sootea Diwas (Sootea
Service (IAS) officer of the Arunachal Pradesh-Goa- Day) to recognise the importance of the region in the
Mizoram and Union Territory (AGMUT) cadre, as the Freedom movement.
new Chief Secretary (CS) of National Capital Territory ✓ The first ever official Sootea Diwas will be
(NCT) of Delhi. celebrated on 20th August 2025. This was the
✓ He succeeds Naresh Kumar, whose tenure as first time in India wherein the tricolour flag was
Delhi’s CS was ended on August 31 2024 after hoisted lowering the Union Jack.
being extended twice by the Centre.
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