Tide Affairs 18 November 2023

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NATIONAL AFFAIRS

MITRA SHAKTI–2023: ninth Version of Republic of India-Sri Lanka Joint Army Workout Commenced in PuneMITRA SHAKTI-2023, the ninth version of the joint army workout between the military of Republic of India and Sri Lanka, commenced on sixteenth November 2023 on the Overseas Coaching Node in Aundh, Pune, Maharashtra. The 14-day workout is ready to conclude on 29 November 2023.

• The workout will foster robust bilateral members of the family between Republic of India and Sri Lanka.

Goals:

• To advertise akin members of the family between armies of each international locations and improve interoperability and sharing of absolute best practices in Counter-Insurgency and Counter-Terrorism (CI-CT) operations.
• To jointly observe sub-conventional operations below Bankruptcy VII of the United Countries (UN) Constitution, specializing in coordinated responses all through CT operations.

Contributors:
Inidan Military: Contingent of 120 staff from Republic of India, essentially representing the Maratha Brightness Infantry Regiment.
Sri Lankan Military: Body of workers from the 53rd Infantry Section

• Moreover, 15 individuals from the Indian Wind Drive (IAF) and 5 from the Sri Lankan Wind Drive also are engaging on this joint workout.

Review:
i.The workout comes to utilisation of Drones, Counter Unmanned Aerial Techniques and helicopter maneuvers, and observe of tactical movements like raid, seek and smash missions, heliborne operations.

• Military Martial Arts Regimen (AMAR), fight reflex taking pictures and Yoga are even be part of the workout.

ii.Each side will simulate securing helipads and accomplishing casualty evacuations all through CT operations.
iii.Each side will alternate perspectives and practices of joint drills on a large spectrum of fight talents that may facilitate the contributors to mutually be informed from each and every alternative.
About Mitra Shakti:
i.The Mitra Shakti used to be began in 2012 as a counter to China’s try to extend its affect in South Asia and Indian Ocean Pocket(IOR).
ii.Up to now the workout Mitra Shakti used to be held in 2012, 2014, 2015, 2016, 2017, 2019, 2020, and 2021. 
iii.The eighth version of Mitra Shakti used to be carried out from 4 – 16 October 2021, at Fight Coaching Faculty, Ampara in Sri Lanka.

CEA approves DPRs of two SJVN Projects in Arunachal Pradesh usefulness Rs 40,000cr The Central Electrical energy Authority (CEA), Ministry of Energy has licensed the colorful Mission Studies (DPRs) of SJVN Ltd (previously referred to as Satluj Jal Vidyut Nigam) for its two Hydro Tasks in Arunachal Pradesh (AR).

• The tasks are 3097 MW (Mega Watt) Etalin HEP (Hydro Electrical Energy) & 680 MW Attunli HEP which can be usefulness round Rs 40,000 crore.
• On this regard, CEA has transferred the concurrences of the DPRs in bias of SJVN Ltd, and has additionally prolonged the validity of those concurrences.

Background:
In August 2023, a Memorandum of Oath (MoA) used to be signed between SJVN Ltd. and Executive of AR for executing 5 Hydro Energy Tasks particularly 3097 MW Etalin, 680 MW Attunli, 500 MW Emini, 420 MW Amulin and 400 MW Mihumdon.

• First of all those tasks have been assigned to personal builders, however have been reassigned to SJVN because of the personal builders’ incapacity to shoot them.

Key Issues:
i.The venture value of Etalin HEP at March 2022 worth point is Rs 32,813 crore and for Attunli HEP it’s Rs 6,866 crore.
ii.The three,097 MW Etalin HEP is the most important hydro venture below construction in Republic of India.
iii.On commissioning, the 3097 MW Etalin HEP will generate 12,752 Million Devices of electrical energy and 680 MW Attunli HEP will generate 2,814 Million Devices.

• The levelized tariff from each the tasks is Rs 4.51 in step with unit.

iv.Those two tasks will spur socio-economic construction, improve infrastructure, healthcare, schooling, and operate, reaping rewards Mission Related Households.
About SJVN Ltd.:
This is a three way partnership between the federal government of Republic of India and the Executive of Himachal Pradesh. This is a Tiny Ratna & Agenda ‘A’ Folk Sector Enterprise (PSU).
Chairman & Managing Director– Nand Lal Sharma
Headquarters– Shimla, Himachal Pradesh (HP)
Integrated – Would possibly 24, 1988

INTERNATIONAL AFFAIRS

Russia Withdraws from Treaty on Standard Armed Forces in Europe
Russia has officially withdrawn from the Treaty on Standard Armed Forces in Europe (CFE), a landmark palms regulate promise that sought to restrict the deployment of traditional guns in Europe.

• The walk of Russia is because of North Atlantic Treaty Group’s (NATO) eastward growth as a warning to its safety.

About CFE:
i.The promise used to be signed by means of 23 collaborating States – the ones belonging to NATO and the Warsaw Treaty Group (WTO).

• It used to be signed in 1990 in Paris, France.

ii.It targets to block United States of The us and Russia (Chilly Struggle competitors) from increase forces that may be old in a hasty attack.

BANKING & FINANCE

RBI Bars Bajaj Finance Lending Below eCOM and Insta EMI CardOn  November 15, 2023, the Store Storehouse of Republic of India (RBI) workout of its powers below division 45L(1)(b) of the RBI Function, 1934 barred Bajaj Finance Restricted from sanctioning and disbursing loans below its two lending merchandise viz. eCOM and Bajaj Insta EMI Card , with rapid impact.Key Issues:
i.The rationale at the back of this motion is the non-adherence of Virtual lending pointers of RBI by means of the corporate, in particular by means of no longer offering Key Reality Statements to debtors for 2 lending merchandise.

• Moreover, Bajaj Finance will rectify the important thing truth remark for eCOM and Insta EMI Card.

ii.RBI restrictions on lending by way of the eCOM and Bajaj Insta EMI Card is not going to have a “material financial impact” at the organisation.

• The prevent might govern to a abate within the belongings below control (AUM) enlargement and similar enlargement in profitability.

About eCOM and Insta EMI Card:
i.eCOM’ from Bajaj Finance is a shopper financing possibility for on-line buying groceries.
Ii.The ‘Insta EMI Card’ is a flexible financing resolution permitting consumers to enroll, store for diverse merchandise, and build EMI (Equated Per 30 days Installment) bills.
RBI returns Instamojo’s Cost Aggregator Licence Utility
RBI returned Mastercard-backed fintech Instamojo‘s application for a payment aggregator (PA) license amid not meeting the eligibility criteria.

• Instamojo is based in Bengaluru, Karanataka.
• The aggregator/ payouts function will now be undertaken in partnership with other licensed PAs while its payment gateway continues to be fully functional.

Points to note:
i.On 27th September 2023, RBI returned the Instamojo’s utility for the PA licence because of no longer assembly the eligibility standards.
ii.Instamojo prohibited the operations of its cost gatewaybusiness to conform to RBI laws upcoming receiving the overall condition on its utility in September 2023.

PNB Introduces Virtual Gold Mortgage for Bother-Separate Credit score Get right of entry to Punjab Nationwide Storehouse (PNB) introduced two PNB Virtual Gold Mortgage schemes particularly PNB Gold Mortgage for the retail branch and PNB Swarnim for the agriculture branch.

• The schemes attempt to grant consumers with hassle-free get entry to to credit score to fulfill their private and agricultural wishes by means of the use of gold jewelry as collateral for the mortgage.
• The Streamlined virtual procedure getting rid of forms hassles is without doubt one of the key detail of this Virtual scheme.

PNB Virtual Gold Mortgage:
i.It deals a contemporary banking enjoy with aggressive rates of interest.
ii.The schemes deals mortgage starting from Rs 25,000 to Rs 25 lakhs to help private wishes, and agriculture & allied actions.
ii.Debtors searching for momentary manufacturing or funding credit score for agricultural actions and allied actions are eligible for loans of minimal Rs 10,000 to most Rs 2 lakh.
Backup Data:
PNB additionally unveiled virtual choices equivalent to Pre-Authorized Non-public Mortgage (PAPL), Pre-Authorized Trade Mortgage (PABL), Digital Items and Carrier Tax (E-GST) Categorical, Krishi Tatkal Rin and Digi House Mortgage.
About Punjab Nationwide Storehouse (PNB):
Managing Director (MD) & Prominent Govt Officer(CEO) – Atul Kumar Goel
Headquarters – Unused Delhi, Delhi
Established in – 1894
Tagline – The title you’ll depot upon

SIDBI Signed MoU with TDB to Help MSMEs
The Tiny Industries Construction Storehouse of Republic of India (SIDBI) has signed a Memorandum of Working out (MoU) with Generation Construction Board (TDB)  to sleep get entry to of credit score to Micro, Tiny & Medium Enterprises (MSMEs) which are making an attempt to build and commercialize indigenous generation or adapt imported generation for wider home packages.

• The MoU used to be completed by means of Rahul Priyadarshi, Prominent Normal Supervisor, SIDBI and Rajesh Jain, Director, TDB.

The MoU is signed for the joint initiative by means of TDB and SIDBI, to increase monetary support to eligible MSMEs as in step with the phrases & situations of TDB & SIDBI.
Below this MoU, SIDBI and TDB will help MSMEs with respective to core-competencies/experience.
Be aware: TDB purposes below the Branch of Science & Generation, Ministry of Science & Generation.

AWARDS & RECOGNITIONS

Maharashtra Executive Honoured Singer Suresh Wadkar with Gansamragini Lata Mangeshkar Award 2023Executive of Maharashtra honoured veteran playback singer and Padma Shri awardee Suresh Ishwar Wadkar with prestigious ‘Gansamragini Lata Mangeshkar Award’ sometimes called Lata Mangeshkar Award for the 12 months 2023.
About Gansamragini Lata Mangeshkar Award:
i.The Lata Mangeshkar Award is an annual award given by means of the Directorate of Cultural Affairs of the Maharashtra Executive in reminiscence of the mythical playback singer Lata Mangeshkar.
ii.The award recognises an artist who has made constant and precious contributions and achievements within the ground of track and making a song.
iii.The award features a money prize of Rs 5 lakhs, a certificates, and a souvenir.
About Suresh Wadkar:
i.Suresh Wadkar is an Indian playback singer who plays in Hindi, Marathi, Konkani and Bhojpuri Motion pictures.
ii.He gained a vital making a song festival in 1976, a competition judged by means of veteran musicians Ravindra Jain and Jaidev.

• He sang his first Bollywood music “Seene Mein Jalan” for the film Gaman in 1977 in Jaidev’s composition.

iii.He introduced the Suresh Wadkar Ajivasan Tune Academy (SWAMA), the primary On-line Tune Instructing Faculty in Mumbai, aligned with the USA of The us (USA)’s Ace Discoverable College.
iv.He has additionally won the Honorary Citizenship of Yuba Town, (California), the USA of The us (USA), and Honorary Citizenship of Hong Kong.
Awards & Honours:
i.He gained a Nationwide Award in 2010 for the Highest Male Playback Singer division for the music ‘Hey Bhaskara’ for the Marathi biopic Mee Sindhutai Sapkal (2010);
ii.He used to be awarded the Sangeet Natak Akademi Award in 2018 for Sugam Sangeet.
iii.In 2020, he used to be honoured with the Padma Shri for his paintings within the ground of arts.
iv.He has additionally gained the climate award for Highest Playback Singer from Maharashtra (11 occasions), Odisha (2) and Gujarat (3).

Asian Energy Booklet: GAIL Baggage Two Awards At The Asian Oil And Gasoline Awards 2023

i.Asian Energy Booklet introduced The nineteenth Asian Energy Awards, third Asian Oil & Gasoline Awards, and inaugural Asian Aqua Awards  in Kuala Lumpur, Malaysia on November 2023.
ii.Throughout this, GAIL Republic of India Restricted gained the ‘Innovation Award – India’ for aid in LNG Transport value & emissions via Send-to-Send (STS) switch of Liquefied Herbal Gasoline (LNG) with backhauling.
iii.It additionally gained ‘Midstream Project of the Year – India’ for the set up of the primary floating Compressed Herbal Gasoline (CNG) station at Varanasi, Uttar Pradesh (UP).
iv.Each Awards by means of GAIL restricted are below the Asian Oil & Gasoline Awards.
About GAIL Republic of India Restricted:
GAIL Republic of India Restricted is a Maharatna Central Folk Sector Enterprises below Ministry of Petroleum and Herbal Gasoline (MoP&NG)
Chairman and Managing Director– Sandeep Kumar Gupta
Headquarters– Unused Delhi, Delhi
Established order– 1984
>> Learn Complete Information

Republic of India’s Bina Agarwal & Mexico’s David Barkin gained the 2023 Kenneth Boulding Award
The World Crowd for Ecological Economics(ISEE) honoured Indian economist & Padma Shri awardee Bina Agarwal with 2023 Kenneth E. Boulding Memorial Award for Ecological Economics.  Bina Agarwal is a Mentor of Construction Economics and Circumstance on the College of Manchester in Manchester, United Kingdom(UK).

• Along side Bina Agarwal, David Barkin, a schoolteacher on the Metropolitan College in Mexico Town used to be decalred because the joint receipient of 2023 award.
• The award used to be introduced all through the IESS’s 2023 Biennial Convention in Santa Marta, Colombia held from 23 to twenty-eight October 2023.
• The award recognsies their vital contributions to ecological economics, in particular in exploring social fairness and gender roles in rural societies inside creating areas.

Kenneth Boulding Award recognises idividuals who embrace the outstanding qualities of Kenneth E. Boulding(American economist and trainer), aiming to saving and perpetuate the knowledge he imparted to ISEE individuals and past.
Be aware: Bina Agarwal won the Padma Shri, for her paintings within the ground of Literature and Schooling in 2008.

APPOINTMENTS & RESIGNATIONS

WHO Launches Fee on Social Connection (2024–2026) to Strengthen World Social ConnectionThe Global Condition Organisation (WHO) has introduced a untouched ‘Commission on Social Connection (2024–2026)’, comprising 11 policy-makers, concept leaders, and advocates, to handle loneliness as a significant condition possibility, prioritise social connection, and boost up the implementation of answers in international locations of all revenue ranges.

• The Fee will probably be Co-chaired by means of Dr. Vivek Murthy, Surgeon Normal of the USA of The us; and Chido Mpemba, Early life Envoy, African Union Fee.

Concerning the Fee:
i.The Fee will suggest a world time table on social connection and can paintings along high-level Commissioners for the implementation of mechanisms to measure and observe world journey on social connection.
Be aware: Social isolation and loneliness exit past past and geographical barriers, considerably impacting well-being international.
ii.The Fee’s complete research spans 3 years and can center of attention on figuring out the pivotal position social connections play games in improving condition throughout all past teams.
iii.It’ll read about how social connections give a contribution to public and societal well-being.
iv.The worldwide time table at the social connection will prioritise evidence-based answers for international locations, communities, and people.
v.The Fee on Social Connection, facilitated by means of a WHO-based Secretariat, will store its inaugural leadership-level assembly scheduled for December 6 to eight, 2023.
Be aware: The primary primary output will probably be a flagship file spared halfway throughout the 3-year initiative.
Issues to notice:
i.Tide world estimates counsel that 1 in 4 used adults enjoy social isolation and between 5 and 15% of children enjoy loneliness.
Charges in low- and middle-income international locations are related or upper than in high-income international locations.
ii.The being lacking social connection carries an identical or higher possibility of early loss of life related to prominent components like smoking, over the top ingesting, and many others.
iii.Additionally it is connected to anxiousness and melancholy and will building up the danger of cardiovascular illness by means of 30%.
It does no longer simply hurt people; it additionally harms whole communities and societies.

Socialist chief Pedro Sánchez Re-elected as High Minister of SpainOn sixteenth November 2023, Pedro Sánchez of the Spanish Socialist Staff’ Birthday party(Spanish acronym: PSOE) used to be re-elected because the High Minister (PM) of Spain, formally President of the Executive of Spain.He used to be elected for the 2d time period with a majority within the Spanish parliament. He were given 179 votes within the 350-seat decrease space of the Parliament.

• He has been serving because the Appearing PM of Spain since twenty fifth July 2023.
• He served because the PM of Spain/President of the Goverment of Spain from 2018 to 2023.

Concerning the Election:
i.In July 2023, he used to be appointed because the caretaker High Minister upcoming incorrect birthday party were given a majority within the normal election hung on twenty third July 2023.
ii.PSOE completed 2nd with 121 seats generation the centre-right Widespread Birthday party (PP) completed first with 137 seats however fell quick of the bulk to mode govt.
About Pedro Sánchez:
i.Pedro Sánchez joined the POSE in 1993 and is recently serving as its Normal Secretary.
ii.He served as a Member of the Decrease Space of Parliament for the constituency of Madrid and a Town Councillor for Madrid.
iii.He labored as an aider on the Ecu Parliament and used to be a member of the cupboard place of business of the United Countries Prime Consultant for Bosnia Herzegovina.
iv.He additionally served because the Chief of the Opposition and candidate to the Presidency of the Executive between 2014 and 2016.
About Spain:
High Minister– Pedro Sánchez
Capital– Madrid
Forex– Euro

SCIENCE & TECHNOLOGY

Indian Army’s 4th Anti-Submarine Struggle Craft ‘Amini‘ LaunchedOn November 16, 2023, the Indian Navy (IN) launched ‘Amini‘, the 4th in a series of eight Anti-Submarine Warfare Shallow Water Crafts (ASW-SWC), at shipbuilding facility of Larsen & Toubro (L&T) in Kattupalli, Chennai, Tamil Nadu.

• It is built by Garden Reach Shipbuilders and Engineers Limited (GRSE).
• The launch ceremony was presided over by Vice Admiral (VAdm) Sandeep Naithani, Chief of Materiel, IN.
• As per maritime tradition, Mrs. Manju Naithani, wife of Vice Admiral Sandeep Naithani, launched the ship to the invocation from Atharva Veda.

Features:
i.Amini, a Arnala class ship, is named after Amini island in Lakshadweep due to its strategic significance.
ii.It is designed for anti-submarine operations in coastal waters and low intensity maritime operations (LIMO), and mine laying operations.
iii.It is 77-meter ship with a 900-ton displacement, capable of reaching a maximum speed of 25 knots and covering 1,800 nautical miles.
Background:
i.The contract for building eight ASW SWC ships was signed between Ministry of Defence (MoD) and GRSE on April 29, 2019.

• As per the build strategy, four ships are being built at the GRSE and the balance sub-contracted to L&T Shipbuilding for hull and part outfitting.
• The ASW SWC ships would have more than 80% indigenous content.

ii.As a part of contract, on June 13, 2023, INS (Indian Naval Ship) Anjadip, the 3rd of eight indigenously built ASW-SWC was launched.

• The first ASW-SWC namely INS Arnala was launched in December 2022 while the second one INS Androth was launched on March 21, 2023.

Points to note:
i.It should be noted that the Arnala class of ships will replace the in-service Abhay class ASW Corvettes of IN.
ii.ASW is a branch of underwater warfare that uses surface warships, aircraft, or submarines to find, track, and deter, damage, or destroy enemy submarines.
About Garden Reach Shipbuilders and Engineers Ltd. (GRSE):
Chairman & Managing Director – Commodore (Retd) PR Hari, Indian Navy
Headquarter– Kolkata, West Bengal

OBITUARY

Former Nagaland Governor PB Acharya Passed AwayPadmanabha Balakrishna Acharya (PB Acharya or PB), former Governor of Manipur(July 2014 – July 2019) and Veteran Bharatiya Janata Party (BJP) leader, passed away in Mumbai, Maharashtra, at the age of 92. He was born on 8th October 1931, in Udupi, Karnataka.
Note:
While serving as the governor of Nagaland, he has also held the additional charge as the governor of Tripura(2014-2015), Assam(2014-2016), Manipur (2019) and Arunachal Pradesh(2017).
About PB Acharya:
i.PB Acharya started his political career in 1951 as an activist of Akhil Bharatiya Vidyarthi Parishad (ABVP).
ii.He became a member of Bharatiya Janata Party (BJP) in 1980.
iii.He served as All India National Secretary of the BJP and in-charge of North Eastern States from 1995-2002.
iv.He founded Indian National Fellowship Centre (INFC), a Non-Government Organisation (NGO) in 1975, to strengthen brotherhood/fellowship and Nationalism in the North East region.
v.He was involved with the Academy for Indian Tribal Dialects(AITD), the publication wing of INFC and published 10 booklets on Tribal Nationalist leaders like Rani Ma Gaidinlu (Nagaland), U.Tirot Singh and Jaban Bay (Meghalaya), Dr. Dying Ering and Narottam (Arunachal Pradesh).

BOOKS & AUTHORS

VP Jagdeep Dhankhar released new book titled “Building Partnerships”
Jagdeep Dhankhar, the Vice President(VP) of India released a new book titled “Building Partnerships – India and International Cooperation for Maritime Security” authored by Captain Himadri Das during the Indo-Pacific Regional Dialogue 2023 (IPRD-2023) at Manekshaw Centre in New Delhi, Delhi.

• IPDR 2023, the 3-day annual apex-level regional strategic dialogue of the Indian Navy, was held from 15th to 17th November 2023.

During IPRD-2023, Union Minister Nirmala Sitharaman, Ministry of Finance, released an edited volume titled “Maritime Perspectives: Maritime Security Dynamics in the Indo-Pacific: Strategies and Trends”.
Both books have been published by the National Maritime Foundation (NMF), one of India’s essential maritime assume tanks that concentrates its analysis on problems related to Republic of India’s maritime pursuits.
Be aware: IPRD-2023 is being organised by means of the Indian Army in affiliation with NMF as its wisdom spouse.

IMPORTANT DAYS

Nationwide Epilepsy Date 2023- November 17 Nationwide Epilepsy Date is once a year seen throughout Republic of India on terrorist organization to unfold consciousness and teach nation about Epilepsy, a neurological illness characterised by means of recurrent seizures, and its affect on people, households, and communities who’re suffering from this illness.

• The while serves as a platform to do away with myths and misconceptions circumstance epilepsy generation developing consciousness about its signs and control.

Background:
i.Nationwide Epilepsy Date used to be first initiated by means of the Epilepsy Footing of Republic of India.

• It used to be began as a countrywide marketing campaign to let go Epilepsy situations in Republic of India.

ii.Within the Normal Frame Assembly of the Indian Epilepsy Affiliation (IEA) held at Indore (Madhya Pradesh) on 16 December 1990, Dr. Eddie Bharucha and Dr. Piloo Bharucha, an Indian Doctor couple, proposed a national program on one specific while to develop consciousness.
iii.Their proposal used to be supported by means of alternative individuals and it used to be after all determined to honour terrorist organization of each 12 months as Nationwide Epilepsy Date (NED).

• From 2015 onwards, the NED has been changed by means of World Epilepsy Date.

About Epilepsy Footing of Republic of India:
Founder– Dr. Nirmal Surya
Headquarters– Mumbai, Maharashtra
Based in- 2009.
The Epilepsy Footing is a non-profit charitable organisation that is helping nation affected by this status.
>> Learn Complete Information

World Scholars’ Date 2023 – November 17World Scholars’ Date is once a year seen around the globe on November 17 to honour multiculturalism, range, and teamwork amongst scholars. The while targets to commitment that each child on this planet has get entry to to schooling.

• The observance marks the per annum of the occasions held upcoming the Nazi invasion of Charles College in Prague(Czech Republic), in 1939.

seventeenth November 2023 marks the observance 83rd World Scholars’ Date.
Background:
i.On seventeenth November 1939, the Nazis completed 9 scholars and professors with out trial.

• Because of this match, the month used to be selected to be World Scholars’ Date.

ii.The first-ever World Scholars’ Date used to be seen on seventeenth November 1941.

• It used to be seen by means of the World Scholars’ Council in London, The UK(UK).

>> Learn Complete Information

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