Daily Current Affairs: September 8, 2021

Daily Current Affairs (September 8, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

Also, Don’t forget to attend the Daily Current Affairs Quiz – September 8, 2021, now @ our Bankersdaily Tests.

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Important Days

International Literacy Day – 8 September                   

• International Literacy Day (ILD) is celebrated on 8 September 2021 under the theme of “Literacy for a human-centered recovery: Narrowing the digital divide”.
• The United Nations Educational, Scientific and Cultural Organisation (UNESCO) declared 8 September as International Literacy Day in 1966.

World Physical Therapy Day – 8 September                       

• World Physical Therapy Day is observed on 8 September every year to honour and emphasise the hard work of the physiotherapists and their vital role in restoring the health of patients through various physiotherapies tailor-made to suit individual patient’s requirements.

 National News

Union Culture Minister launches ‘Bujurgon Ki Baat-Desh Ke Saath’ programme in New Delhi                   

• Union Culture Minister G. Kishan Reddy launched a ‘Bujurgon Ki Baat-Desh Ke Saath’ programme in New Delhi aimed at enhancing the interaction between the youth and the elderly persons who are 95 years and above and have spent around 18 years in India before independence.
• This is a unique programme in which India’s youth will spend time and interact with the elderly.

 Union Government constitutes a task force and expert committee headed by Vinod Kumar Tiwari to map  on coal-based hydrogen production

• The Union Government constituted a task force and expert committee headed by Additional Secretary (Coal) Vinod Kumar Tiwari to prepare a road map for coal-based hydrogen production.
• This is aimed at contributing to Indian Government’s agenda of becoming a hydrogen-based economy in a clean manner.

 Union Cabinet approves Rs. 10,683 crores for the Production Linked Incentive Scheme for textile sector

• The Union Cabinet headed by Prime Minister Narendra Modi approved the production linked incentive (PLI) scheme for the textile sector with incentives worth Rs. 10,683 crores.
• This scheme will have two categories — for investment up to Rs. 100 crores and another one for investment up to Rs. 300 crores. The Union Government expects this scheme to bring in a total investment of over Rs. 19,000 crores in five years.

 State News

TANGEDCO plans to set up solar power parks with battery storage systems

• Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) will set up a 4000 MW solar power park to meet the growing energy demand and plans to set up solar power parks with battery storage systems in all the districts in Tamil Nadu.

Tamil Nadu                          

• Capital: Chennai
• Chief Minister: M. K. Stalin
• Governor: Banwarilal Purohit
• National Parks: Mukurthi National Park, Guindy National Park, Gulf of Mannar Marine National Park, Indira Gandhi (Annamalai) National Park, Mudumalai National Park

 Banking & Economy

NPCI and Fiserv jointly launch ‘nFiNi’ programme

• The National Payments Corporation of India (NPCI) and Nasdaq-listed Fiserv Inc have agreed to collaborate on the launch of the plug-and-play RuPay credit card stack, ‘nFiNi’, to expand the market base by enabling fintech firms and banks on credit cards.
• This BaaS (Banking-as-a-Service) programme provides fintech firms and banks with a ready-to-use stack of services for issuing RuPay credit cards.

National Payments Corporation of India

• Headquarters: Mumbai, Maharashtra
• Founded: 2008

 Appointments

S. L. Tripathy was appointed as the CMD of United India Insurance Company Limited                           

• The Union Government has appointed Satyajit Tripathy as the Chairman and Managing Director (CMD) of the Chennai-based United India Insurance Company Limited (UII) till February 2024.
• He is currently serving as the General Manager and Director at the New India Assurance Company Limited.

United India Insurance Company Limited

• Headquarters: Chennai
• Founded: 1938

 Harsha Bhupendra Bangari was appointed as the Managing Director of EXIM Bank             

• The Union Government has appointed Harsha Bhupendra Bangari as the Managing Director (MD) of Export-Import Bank of India (EXIM Bank). He is presently the Deputy Managing Director at EXIM Bank.

Exim Bank (Export and Import Bank of India)

• Headquarters: Mumbai

 Piyush Goyal was appointed as India’s Sherpa for the G20 meet                     

• Union Commerce and Industry Minister Piyush Goyal was appointed as India’s Sherpa for the G20 meet.
• India will formally assume the Presidency of the G20 from 1 December 2022.

V. Vaidyanathan was re-appointed as the Managing Director & Chief Executive Officer of IDFC FIRST Bank

• The Reserve Bank of India (RBI) has approved the re-appointment of V. Vaidyanathan as the Managing Director & Chief Executive Officer of IDFC FIRST Bank for three years.

Agreements and MoUs signed

Coal India Limited signs an MoU and contributed Rs. 75 crores to the National Sports Development Fund of the Union Ministry of Youth Affairs and Sports

• The National Sports Development Fund (NSDF) of the Union Ministry of Youth Affairs and Sports signed a Memorandum of Understanding (MoU) with Coal India Limited (CIL) for a CSR contribution of Rs. 75 crores.

 NITI Aayog and Gujarat University sign a Statement of Intent (SoI) to promote cooperation in agriculture

• A statement of intent (SoI) was signed by NITI Aayog and the Indian Institute of Sustainability, Gujarat University, with the objective of encouraging and promoting cooperation in the agricultural and related areas.
• The Statement of Intent (SoI) focuses on technical collaboration between the two institutions to strengthen knowledge-sharing and policy development in India.

 Awards and Recognitions

Namita Gokhale receives the 7^th Yamin Hazarika Woman of Substance Award                 

• Namita Gokhale won the 7^th Yamin Hazari Woman of Substance Award in 2021.
• It is organised by a collective of women professionals from the year 2015, the annual award honours Yamin Hazarika, the first woman from Northeast India to be selected for DANIPS, a federal police service that administered Delhi and the Union Territories in 1977.

 Obituary

Former Bihar Assembly Speaker Sadanand Singh passed away             

• Former Assembly Speaker of Bihar and veteran political leader Sadanand Singh passed away at the age of 76.

Daily CA- September 8 One liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  September 8, 2021, now from the link given below.