Daily Current Affairs - 27-09-2021

Lewis Hamilton has become the first ever Formula-one driver who reached to his 100 wins after finishing at first in the Russian Grand Prix on September 26, 2021.

Key Points

Sir Lewis Carl Davidson Hamilton

He is a British racing driver and currently competes in Formula One for Mercedes. He has previously driven for McLaren from 2007 to 2012. Hamilton has won the joint-record seven World Drivers’ Championship titles in Formula One. He also holds the records for the most wins, podium finishes and pole positions.

Background

Hamilton was born and raised in Stevenage, Hertfordshire. In the year 1998, he joined the McLaren young driver programme. This led to a Formula One drive in 2007 with McLaren. In 2007 season, Hamilton set numerous records and finished runner-up to Kimi Raikkonen by one point. In the next season, he won his maiden title in dramatic fashion and become the then-youngest Formula One World Champion in history.

Union Minister for Commerce, Industry and Textiles Piyush Goyal announced to set up a “Weaver Services and Design Resource Center” in Kullu district of Himachal Pradesh.

Key Points

Weaving in Himachal Pradesh

Himachal Pradesh has the tremendous talent and potential with magical hands that weaves beautiful art products. Thus, there is a need to work proactively by State & Central Ministries in order to bring these products into the international market to get more befits. More attention should be paid on modernizing the design, packaging, quality and marketing in order to provide weavers a better price for their products at international market.

District-wise exhibitions

The union minister also suggested to organize district-wise exhibitions of products from the state in big cities, in five star hotels and people associated with the textile industry so that branding could be done for these products at national and international level. He also asked the weavers to get their trademark for which central government reduced the registration fee by 80 percent. He also urged the State Industries Department to focus on ways and means of improving the quality of wool used in manufacturing of handloom and handicraft products. According to the minister, there is a paramount need of focusing on standardized packaging.

World Tourism Day is observed by the United Nations Organisations (UNO) on September 27, every year.

Theme of the day

In the year 2021, world tourism day was observed under the theme- ‘Tourism for Inclusive Growth’. This theme was designated by World Tourism Organisation (UNWTO) considering the ongoing COVID-19 pandemic. The pandemic had a massive social and economic impact on the developed as well as the developing economies. So, the organisation believes that, tourism will help in the recovery and growth of the economies.

Significance of tourism sector

As per official website of United Nations Organisations (UNO), tourism is the most important economic sectors that employs and provide livelihood to one in every tenth person on Earth. In several countries, tourism represent more than 20 per cent of their GDP. The constant growth of the tourism sector in the last six decades reflects more progressive access towards tourism because of declining cost of transport and growth of middle classes worldwide.

Background

UNWTO had instituted the World Tourism Day during a meeting that took place in Spain. This meeting commenced first celebration of the day in the year 1980. September 27 was chosen as the date to coincide with the 10th anniversary of the adoption of the UNWTO Statutes. UNWTO statutes were adopted on September 27, 1970.

Tourism amid covid-19

As per UNO, biggest crisis in the history of tourism was witnessed during 2020-2021. The international tourist arrivals were 85 per cent lesser as compared to tourism is 2019. It witnessed a drop of 65 per cent in 2020, in between January and May. However, despite a small revival in May 2021, emergence of new COVID-19 variants & continued restrictions are slowing the recovery of international travel. Though, domestic tourism has rebounded in many parts of the globe.

India has emerged as the second biggest trading partner of Dubai, after China. India’s overall volume, in the first half of 2021, is touching 38.5 billion dirhams.

Key Points

Total share of trade partners

Total share of the five biggest trade partners in H1 of 2021 amounted to 241.21 billion dirhams as compared to 185.06 billion dirhams in H1 of 2020. It has increased by 30.34%.

Which commodities topped the list of trade?

Gold topped the list of commodities in H1 external trade of Dubai, amounting to 138.8 billion dirhams. It accounts for 19.2% of Dubai trade. Gold is followed by telecoms amounting to 13% of total trade.  It is followed by Diamonds, jewellery and vehicle trade. Non-oil external trade of Dubai has increased by 31% in the first half of 2021.

Prime Minister Narendra Modi launched the Ayushman Bharat Digital Mission on September 27, 2021.

Key Points

Background

Prime Minister had announced the pilot project of National Digital Health Mission from the Red Fort on August 15, 2020.

About Ayushman Bharat Digital Mission

  1. A Health ID for every citizen. It will also work as their health account. Through this ID, personal health records can be linked and viewed using a mobile application.
  2. Healthcare Professionals Registry (HPR) and
  3. Healthcare Facilities Registries (HFR)- It will act as a repository of all healthcare providers in modern as well as traditional systems of medicine.

Significance of the scheme

This mission will also ensure ease of doing business for doctors & hospitals and healthcare service providers. It will also create interoperability within the digital health ecosystem, on the line of role played by the Unified Payments Interface in revolutionising payments.

National Institute of Rural Development and Panchayati Raj (NIRD&PR), Hyderabad under the Ministry of Rural Development (MoRD) presented “Hunarbaaz Awards” to 75 diyangjan candidates.

Highlights

DDU-GKY and RSETI ka Hunarbaaz Awards

These awards have been instituted by the NIRD&PR, Hyderabad. These awards are presented to the candidates who were trained under the Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) and Rural Self Employment Training Institutes (RSETI) schemes and got placed & worked in the organizations for more than one year.

About DDU-GKY

Union Ministers Nitin Gadkari and Venkaiah Naidu launched DDU-GKY on September 25, 2014 on the occasion of 98th birth anniversary of Pandit Deendayal Upadhyaya. It was launched with the vision of “Transforming poor youth from rural India into an economically independent and globally relevant workforce”. It is aimed at targeting youth, in the age group of 15–35 years. This scheme is a part of the National Rural Livelihood Mission (NRLM) and is tasked with the dual objectives of adding diversity to the incomes of poor families and cater to the career aspirations of youth from rural India. A corpus of Rs 1,500 crore was dedicated for this purpose. Under it, disbursements are made through a digital voucher directly into the bank account of students.

99th Military Engineering Services Raising Day was observed on September 26, 2021.

Highlights

On this occasion Lt Gen Harpal Singh Engineer-in-Chief, urged all the Military Engineer Services personnel to continue dedicating themselves to the Military Engineering Services.

About Military Engineer Services (MES)

MES is a premier construction agency and an important pillar of Corps of Engineers of the Indian Army. It provides rear line engineering support to the Armed Forces and other associated organisations of the Ministry of Defence (MoD). MES is the largest construction and maintenance agencies in India having an annual workload of about Rs 30000 crore.

Function of MES

MES carries out multifarious construction activities like residential and office buildings, roads, hospitals, runways and marine structures across India it is also involved in construction of conventional buildings, sophisticated & complex laboratories, workshops, factories, hangars, dockyards, ammunition storage facilities, jetties or wharves and other complex or special structures.

Significance of the MES

Vice-President M. Venkaiah Naidu presented the Council of Scientific and Industrial Research (CSIR) innovation on September 26, 2021.

Key Facts

Background

About the project

Both the students developed gas saving kit. This kit would enable a family of four to source hot water for bathing as well as cooking food simultaneously. It will also allow water to flow through a copper coiled frame which have been kept over a flaming stove. In the process, water flowing through the outlet pipe is heated.

Council of Scientific and Industrial Research (CSIR)

CSIR was established in September 1942 by the Government of India as an autonomous body. It is the largest research and development organisation in India. It is mainly funded by the Ministry of Science and Technology. However, it operates as an autonomous body under the Societies Registration Act, 1860. The research and development activities the organisation comprises of structural engineering, aerospace engineering, ocean sciences, chemicals, mining, life sciences, metallurgy, food, leather, petroleum, and environmental science.

The Indian Institute of Technology (IIT) Delhi has set up a ‘Centre of Excellence (CoE) on Quantum Technologies’ in a bid to conduct research activities in the related field.

Key Points

Focus areas of CoE

The centre of Excellence will focus on select thrust areas including quantum computing, quantum sensing & metrology, quantum communication and quantum materials & devices. Centre would undertake the design and development of new quantum materials. It would also undertake research activities related to the quantum processor & cryogenic controller, modelling and technology development of semiconducting qubits such as CMOS and 2D materials, quantum biophotonics, quantum sensing & metrology, development of single-photon detectors etc.

Significance of quantum physics

Quantum physics has impacted society in an unprecedented way, in some 100 years. In order to exploit the characteristics of quantum physics in light & materials, researchers invented both laser and the transistor. Inventions ranging form the basis of information technology, computers, the internet, etc has shaped the society up to a large extent. It was the first quantum revolution.

Second quantum revolution

Second quantum revolution is now round the corner. It is benefitting enormously from the advancements of ability to detect and manipulate single quantum objects like photons and atoms.

The debt crisis at world’s most indebted property developer, China Evergrande Group, casted new light on the health of real estate market in China.

Key Points

What are the concerns?

Such moves increase the risk of puncturing the bubble and trigger a downward spiral, making a soft-landing imperative. If this situation is mishandled; it could push the China into an economic downturn.

Red Lines in China

In 2020, People’s Bank of China had put out three “red lines” that major real estate developers needed to be careful about in terms of their financial status. Central bank sought to make it difficult for developers to increase leverage by forcing real estate companies to stay within a debt-to-asset ratio.

Common Prosperity campaign

In August 2021, China had launched a political campaign on the theme of “common prosperity”. It aims to tackle inequality in China. Major element of the inequality in China is the money that wealthy make through real estate speculation.

Government has tasked a group of ministers (GoM) headed by Chief Minister of Karnataka, Basavaraj S. Bommai to propose a rationalisation of tax rates and consider the merger of different tax slabs within two months.

Highlights

Background

Finance Minister Nirmala Sitharaman had announced, after a GST Council meeting on September 17, to set up two GoMs to shore up revenues. One of the panels was to look at tax rate rationalisation issues in order to correct anomalies. During the meeting, finance minister had indicated that the effective tax rate under the GST had decreased from original revenue neutral rate of 15.5% to 11.6%. The rate was decreased because of multiple rate cuts since the introduction of GST in July 2017.

Seven-member group

A seven-member group was constituted by the Finance Ministry on September 24. The group is headed by Basavaraj S. Bommai and it includes West Bengal Finance Minister of West Bengal Amit Mitra and Finance Minister of Kerala K.N. Balagopal besides the GST Council members from Goa, Uttar Pradesh, Bihar and Rajasthan. Group has been asked to recommend immediate changes and a roadmap for short term and medium term changes in GST rate structure.

Voters in Switzerland decided to legalize same-sex marriage on September 26, 2021. It makes Switzerland one of the last countries in Western Europe to do so.

Key Points

Background

Federal government has approved the marriage laws in year 2020 and in the line, parliament had also approved them, granting all couples the same rights. However, opponents were seeking to limit marriages to unions between a man and a woman. Thus, they collected signatures to force a referendum.

Same sex couple in Switzerland

Same-sex couples in Switzerland have been able to enter into a civil partnership since 2007. It grants them some legal rights. However, it is not equal to a marriage.

Country not allowing same sex marriage

Italy is the only country in Western Europe which does not allow marriage between same-sex couples. It only allows civil unions.