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DAILY DOSE 1st MARCH -2024 CURRENT AFFAIRS

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DAILY DOSE 1st MARCH -2024 CURRENT AFFAIRS

 

History: 01st MARCH

 

World Seagrass Day 2024

  • Celebrated annually on March 1, World Seagrass Day is a vital global observance aimed at highlighting the importance of seagrass in marine ecosystems.
  • Established by the United Nations General Assembly on May 22, 2022, following Sri Lanka’s resolution, the day underscores the urgent need for seagrass conservation.

 

Zero Discrimination Day 2024

  • March 1 marks Zero Discrimination Day, a day dedicated to advocating for the right of every individual to live a life free from discrimination and prejudice.
  • This global observance, initiated by UNAIDS, aims to raise awareness about the detrimental effects of discrimination and the importance of promoting equality, compassion, and respect for all.

 

World Civil Defence Day: 2024

  • In 1958, the International Association of GenevaZones became the International Civil Defense Organization (ICDO) and was given a new status as a non-governmental organization with objectives such as establishing a liaison between national civil defence organizations.

 

1) Cabinet approves PM-Surya Ghar: Muft Bijli Yojana for installing rooftop solar in One Crore households.

  • The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojanawith a total outlay of Rs.75,021 crore for installing rooftop solar and providing free electricity up to 300 units every month for One Crore households.
  • The Prime Minister launched the scheme on 13th February, 2024.
  • The major highlights of the scheme include:

Central Financial Assistance (CFA) for Residential Rooftop Solar

  1. The scheme provides a CFA of 60% of system cost for 2 kW systems and 40% of additional system cost for systems between 2 to 3 kW capacity. The CFA will be capped at 3 kW. At current benchmark prices, this will mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2 kW systems and Rs 78,000 for 3 kW systems or higher.
  2. The households will apply for subsidy through the National Portal and will be able to select a suitable vendor for installing rooftop solar. The National Portal will assist the households in their decision-making process by providing relevant information such as appropriate system sizes, benefits calculator, vendor rating etc.
  3. Households will be able to access collateral-free low-interest loan products of around 7% at present for installation of residential RTS systems up to 3 kW.

2) Cabinet approves establishment of International Big Cat Alliance (IBCA)

  • The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the establishment of the International Big Cat Alliance (IBCA) with headquarters in India with a one-time budgetary support of Rs.150 crore for a period of five years from 2023-24 to 2027-28.
  • Acknowledging India’s leading role in conserving tigers, other big cats and many of its endangered species, the Prime Minister of India during his speech on the occasion of Global Tiger Day, 2019 called for an Alliance of Global Leaders to curb poaching in Asia.
  • He reiterated this on the occasion of Commemorating 50 years of India’s Project Tiger on April 9, 2023 and formally announced the launch of an International Big Cat Alliance aiming at securing the future of big cats and landscapes they thrive.
  • Seven big cats include Tiger, Lion, Leopard, Snow Leopard, Puma, Jaguar and the Cheetah out of these five big cats viz. Tiger, Lion, Leopard, Snow Leopard and Cheetah are found in India.

3) FATF Delists United Arab Emirates, Uganda, Barbados, and Gibraltar from Watchlist

  • Financial Action Task Force’s (FATF) in its plenary meeting in February, 2024 removed the United Arab Emirates (UAE) successfully from the watchdog’s grey list.
  • Barbados, Gibraltar and Uganda will also be removed from the FATF’s grey list.

Key Highlights :

  • Grey List Additions: Kenya and Namibia have been added to the Financial Action Task Force (FATF) greylist.

About FATF:

  • Established : 1989
  • Headquartered : Paris, France
  • It serves as the global watchdog for money laundering and terrorist financing.
  • FATF has 39 member countries, and India became a member in 2010.

 

4) De Beers’ Sachin Jain Named Chief Executive Officer of World Gold Council                                   

  • The World Gold Council has appointed Sachin Jain as its new Chief Executive Officer (CEO), India, who will take up the role in March 2024.
  • Jain will succeed Somasundaram PR, who will continue in his present job and duties till Jain joins to facilitate a smooth transfer.

 

5) Paytm Founder and CEO Vijay Shekhar Sharma steps down from Paytm Payments Bank board                                        

  • Vijay Shekhar Sharma, Chief Executive Officer (CEO) of Paytm and nominee of One97 Communications Ltd (OCL), has resigned from his positions as part-time non-executive chairman and board member of Paytm Payments Bank Limited (PPBL).
  • His resignation facilitated a transition in the structure and composition of the PPBL board.

Key Highlights :

  • Restructuring of PPBL Board: PPBL, facing a crisis, opted for a reconstitution of its board, aiming for a structure comprising only independent and executive directors.
  • This restructuring suggests an effort to bring in expertise and independence in decision-making within the bank.
  • Withdrawal of Nominee by One97 Communications:One97 Communications Ltd (OCL), holding 49% stake in PPBL, has withdrawn its nominee, Vijay Shekhar Sharma, from the PPBL board.

About Paytm :

  • Founded : August 2010
  • Headquarters : Noida, Uttar Pradesh, India

 

6) IPS Officer Daljit Singh Chaudhary Named NSG’s New Director General

  • Daljit Singh Chaudhary, a 1990 batch IPS officer, has been appointed as the Director General (DG) of the National Security Guard (NSG), marking a significant development in India’s security apparatus.
  • Chaudhary, currently serving as the DG of Sashastra Seema Bal (SSB), will now shoulder the additional responsibility of leading the NSG, commonly referred to as the “black cats”

7) Bhupender Yadav Releases Report On Status Of Leopards In India

·         Shri Bhupender Yadav, in collaboration with the National Tiger Conservation Authority (NTCA) and Wildlife Institute of India, unveiled the fifth cycle of leopard population estimation in India.

·         India’s leopard population is estimated at 13,874, showcasing stability compared to the previous estimate. However, this represents only 70% of leopard habitat, with the Himalayas and semi-arid regions not sampled.

·         Madhya Pradesh harbors the largest leopard population, followed by Maharashtra, Karnataka, and Tamil Nadu. Tiger reserves like Nagarajunasagar Srisailam, Panna, and Satpura serve as significant habitats for leopards.

 

 

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