30th October, 2023 Current Affairs

Sakshi Education

NATIONAL
PM Narendra Modi launches development projects worth 5800 crore rupees in Mehsana, Gujarat

Prime Minister Narendra Modi inaugurated and laid the foundation stone for various development projects worth around 5,800 crore rupees at Dabhoda in Mehsana.
The projects of multiple sectors like rail, road, drinking water and irrigation will benefit seven districts of North and central Gujarat. Prime Minister launched the New Bhandu-New Sanand(N) section of the Western Dedicated Freight Corridor (WDFC) built at the cost of around 3000 crore rupees.
Launched the 182-kilometer doubling project of the Viramgam - Samakhiali rail line; Katosan Road- Bechraji Rail Project. Mr Modi also inaugurated a project for the recharge of various village lakes of the Mehsana and Gandhinagar districts. Apart from this, the Valasana barrage on Sabarmati river in Mehsana District; two schemes for providing drinking water, Banaskantha; and the Dharoi dam-based Palanpur lifeline project was also launched. The PM also laid the foundation Stone of irrigation project in Santrampur taluka of Mahisagar District; widening and strengthening of Naroda - Dehgam - Harsol - Dhansura Road, in Sabarkantha; projects for sewage treatment plants in Palanpur, Siddhpur, Bayad and Vadnagar in North Gujarat.

Health Minister Dr. Mansukh Mandaviya addresses 76th session of WHO Regional Committee

Union Health Minister Dr. Mansukh Mandaviya has said that government is expanding health infrastructure, promoting traditional systems of medicine, and providing affordable healthcare to all.
He highlighted India’s efforts towards achieving the goal of Universal Health Care following a holistic and inclusive approach.India is reaching the last mile with the help of Ayushman Bharat- Health and Wellness Centres. The Minister mentioned that so far Ayushman Bharat- Health and Wellness Centres have recorded over two thousand one hundred and ten million footfalls.

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INTERNATIONAL
FATF Removes Cayman Islands from Its ‘Grey List’

The Financial Action Task Force (FATF), an inter-governmental body responsible for setting international standards to combat money laundering, terrorist financing, and proliferation financing, has recently made headlines by removing several countries from its ‘grey list’ while adding another.
The FATF maintains a ‘grey list,’ which consists of jurisdictions that do not meet the organization’s anti-money laundering (AML), counter-terrorism financing (CFT), and proliferation financing standards. Countries placed on this list are subject to increased monitoring until identified deficiencies in their regulatory frameworks are resolved.
While several countries celebrated their removal from the ‘grey list,’ FATF added Bulgaria to the list.
The Cayman Islands, a British Overseas Territory, found itself on the FATF’s ‘grey list’ in 2021.

ECONOMY
RBI Revises Bulk Deposit Limit Of Regional Rural Banks To Rs 1 Crore

The Reserve Bank of India (RBI) has conducted a review of bulk deposit limits for financial institutions, specifically focusing on Regional Rural Banks (RRBs). As a result, the bulk deposit limit for RRBs has been significantly increased from Rs 15 lakh to Rs 1 crore. This adjustment carries significant implications for the operational framework of RRBs and aims to create a more equitable banking landscape.
This alteration will have implications on how banks can offer interest rates on bulk deposits. With the increased limit, RRBs will face constraints on operational autonomy, as they will need to offer a single interest rate to all depositors with the same tenure.
Deposits in RRBs are secured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), ensuring protection of up to five lakh rupees for each depositor, thereby instilling confidence in depositors.

Finance Minister Nirmala Sitharaman calls for inter-governmental cooperation to fight menace of illegal trade and smuggling

Finance Minister Nirmala Sitharaman has called for inter-governmental cooperation to fight the menace of illegal trade and smuggling. In her address at the Global Conference on Cooperation in Enforcement Matters in New Delhi.
The need to combat the menace of smuggling is certainly recognized but focus on trade facilitations for global welfare is also vital.
There is a need to create cutting-edge software to enable seamless information sharing.

SPORTS
India beat England by 100 runs to win their sixth consecutive match in ICC Men's Cricket World Cup

In ICC Men's Cricket World Cup, India crushed England by 100 runs at Ekana Stadium in Lucknowto win their sixth consecutive match.
India made 229 runs in stipulated 50 overs for the loss of nine wickets. After a disastrous start, Captain Rohit Sharma consolidated the Indian innings with a gritty knock of 87 runs. For England, David Willey took three wickets.

Published date : 30 Oct 2023 05:26PM