Daily Current Affairs 21st April 2023 For All Government Examinations

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India-UK 2nd Financial Markets Dialogue held in London

India and the UK held the second meeting of the India-UK Financial Markets Dialogue in London.

The Dialogue was led by senior officials from the Indian Ministry of Finance and HM Treasury, with participation from Indian and UK independent regulatory agencies, including the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), International Financial Services Centre Authority (IFSCA), Insurance Regulatory and Development Authority of India (IRDAI), the Bank of England, and the Financial Conduct Authority.

The Dialogue focused on six themes

Banking
Payments and Cryptoassets
Insurance and reinsurance
Capital Markets
Asset Management
Sustainable Finance

EU-India Aviation Summit begins in New Delhi

The two days EU-India Aviation Summit began in New Delhi. During the summit, a declaration of intent was signed by Airport Authority of India with Eurocontrol, and a letter of intent memorandum of understanding was signed by DGCA with the European Union Aviation Safety for closer cooperation.

The summit focuses on EU-India air transport relations and the mutually shared challenges and opportunities of the two regions, such as the post-COVID recovery of air traffic, increasing sustainability, maintaining safety and the development of unmanned aircraft systems.

8th India-Thailand Defence Dialogue held in Bangkok

8th India-Thailand Defence Dialogue was held in Bangkok. The meeting was co-chaired by Special Secretary, Ministry of Defence, India Smt Nivedita Shukla Verma and Deputy Permanent Secretary for Defence of Ministry of Defence, Thailand General Nuchit Sribunsong.

India & Thailand share a strategic partnership and defence is a key pillar of this cooperation. The bilateral defence engagements have expanded over a period of time to include wide ranging contacts between the two countries including Defence Dialogue meeting, military-to-military exchanges, high-level visits, capacity building and training programmes and bilateral exercises.

Background

At the invitation of the Government of Thailand, Special Secretary, Ministry of Defence Smt Nivedita Shukla Verma was pay an official visit to Bangkok between April 20-21, 2023. During the visit, the Special Secretary was co-chair the 8th meeting of India-Thailand Defence Dialogue with Deputy Permanent Secretary for Defence of Ministry of Defence, Thailand General Nuchit Sribunsong.

13th Joint Trade Committee meeting of India and Thailand held in New Delhi

The 13th Meeting of India Thailand Joint Trade Committee (JTC) was held in New Delhi. This was the first physical meeting of the JTC after it was revived in 2020, after 17 years.

Key Highlights

Both sides discussed various market access issues and technical barriers faced by their exporters and agreed to resolve the same through regular and sustained bilateral discussions. India raised the restriction faced in its export of marine, poultry and meat products.

Both sides identified a range of potential commodities and sectors for strengthened partnership such as value added marine products, smartphones, Electric vehicles, food processing and pharmaceuticals. The countries also agreed that there is huge scope in collaboration in the Service Sector and agreed to explore establishing mutual recognition/cooperation arrangements in Nursing, Accounting, Audio Visual and Medical Tourism.

The meeting also reviewed the progress of the ongoing efforts on connecting Unified Payment Interface (UPI) of India with Prompt Pay Service of Thailand and the settlement of trade transactions in local currency.

Multinational Air Exercise INIOCHOS-23 to be held in Greece from 24 Apr - 4 May 2023

Multinational Air Exercise INIOCHOS-23: Exercise INIOCHOS-23, a multi-national air exercise will be held at the Andravida Air Base in Greece from 24 April 2023 to 04 May 2023.

Exercise INIOCHOS-23: Objective

The objective of the Air exercise INIOCHOS-23 is to enhance international cooperation, synergy and interoperability amongst the participating Air Forces.

Air Force Exercise INIOCHOS: Phases

Multinational Air Force Exercise INIOCHOS 2023 is divided into four phases.

Phase 1: Preparation
Phase 2: Force Transfer
Phase 3: Operation
Phase 4: Folding

Exercise INIOCHOS 2023: Participate by

The Greek-led exercise INIOCHOS also includes the participation of NATO countries. In addition to host Greece, the air forces from the US, France, India, Jordan and Saudi Arabia will also participate in the INIOCHOS-23 exercise.....Read More

Read Also: India, US Bilateral Air Exercise COPE INDIA 2023 held in Agra

PM Modi inaugurates First Global Buddhist Summit

Prime Minister Narendra Modi inaugurated the inaugural session of the Global Buddhist Summit at Hotel Ashok in New Delhi The Prime Minister walked through the photo exhibition and offered flowers to the Buddha statue. He also offered monk robes (Chivar Dana) to nineteen eminent monks.

The two-day Summit is being hosted by the Ministry of Culture in collaboration with International Buddhist Confederation on 20-21 April.

Theme

The theme of the Global Buddhist Summit is “Responses to Contemporary Challenges: Philosophy to Praxis”. It is an effort towards engaging the global Buddhist Dhamma leadership and scholars on matters of Buddhist and universal concerns, and to come up with policy inputs to address them collectively.

The discussion at the Summit explored how the Buddha Dhamma’s fundamental values can provide inspiration and guidance in contemporary settings.

Assam and Arunachal Pradesh sign agreement to resolve inter-state border dispute

The governments of Assam and Arunachal Pradesh have signed an agreement to resolve the inter-state border dispute between the two states.

This important agreement was signed by the Chief Minister of Assam Himanta Biswa Sarma and Arunachal Pradesh Chief Minister Pema Khandu in presence of Union Home Minister Amit Shah in New Delhi.

This agreement between the two States will end the dispute relating to 123 villages along the border and it has been done keeping in view the historical perspective, demographic profile, administrative convenience, proximity to the border, and the aspirations of the residents.

After the agreement, a detailed survey will be carried out by the Survey of India to determine the boundaries of both states.

EPFO adds 13.96 lakh members in February 2023

The provisional payroll data of Employees’ Provident Fund Organisation (EPFO) released highlights that EPFO has added 13.96 lakh net members in the month of February, 2023.

Out of 13.96 lakh members added during the month, around 7.38 lakh new members have come under ambit of EPFO for the first time. Among the newly joined members, highest enrolment is registered in the age-group of 18-21 years with 2.17 lakh members, followed by the age-group of 22-25 years with 1.91 lakh members. The age-group of 18-25 years constitutes 55.37% of total new members during the month.

Gender-wise analysis of payroll data reflects that enrolment of net female members has been 2.78 lakh in February, 2023, which is around 19.93% of the net member addition for the month. Of these, 1.89 lakh female members are the new joinees.

State-wise payroll figures highlight that month-on-month growing trend in net member addition is reflected in the states of Tamil Nadu, Andhra Pradesh, Jharkhand, West Bengal etc. In terms of net member addition, top 5 states are Maharashtra, Tamil Nadu, Karnataka, Gujarat, Delhi. These states together constitute 58.62% of net member addition during the month. Of all the states, Maharashtra is leading by adding 20.90% of net members followed by the state of Tamil Nadu with 11.92% during the month.

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Daily Current Affairs 21st April 2023 For All Government Examinations