19th May 2023 | Top Morning Current Affairs: Get the latest morning current affairs and stay informed with the top news stories. Start your day right by staying updated and ahead of the curve.
Welcome to our daily morning current affairs update. In this edition, we bring you the top news stories from various fields, keeping you informed and up-to-date.
19th May 2023 | Top Morning Current Affairs
1. GeM Incorporation Day Commemoration: Transforming Public Procurement in India with Not-for-Profit GeM Outlet Stores and Rural Market Access
The commemoration of GeM Incorporation Day took place, highlighting the importance of a streamlined public procurement system in India. GeM, a not-for-profit company, has made significant progress in a short time. It has facilitated e-market linkages for under-served seller groups and launched GeM Outlet Stores. GeM has worked with various ministries to provide access to markets for rural seller groups. The event concluded with awards for GeM employees. GeM has achieved remarkable milestones, with millions of orders fulfilled and a significant contribution from micro and small entrepreneurs.
2. International Museum Day 2023: Promoting Sustainability and Well-being through MISSION LiFE
International Museum Day 2023 was celebrated with the theme “Museums, Sustainability and Well-being” as part of MISSION LiFE (LIFESTYLE FOR ENVIRONMENT). Various organizations and institutions organized awareness programs and activities to promote sustainable lifestyles, biodiversity conservation, and the reduction of plastic pollution. Activities included beach cleanups, sensitizing tourists on eco-friendly practices, awareness programs on biodiversity conservation and plastic pollution, and educating visitors about the importance of museums in shaping sustainable futures.
3. G20 Disaster Risk Reduction Meeting in Mumbai: Focus on Flood Solutions and Infrastructure
The 2nd Disaster Risk Reduction Working Group (DRRWG) of G20 will be held in Mumbai from May 23-25, 2023. The meeting will focus on key priority sectors, and G20 delegates will visit Mumbai’s BMC control room to see tech-based solutions for heavy rainfall and flooding. Measures taken after the 2005 Mumbai floods include pumping stations and underground water storage tanks. The BMC has also initiated projects to improve water quality and address issues like chocking rivers. The DRRWG is an initiative by India under its G-20 Presidency, aligned with the Sendai Framework for Disaster Risk Reduction.
4. CCI Approves Merger of Credit Suisse Group AG with UBS Group AG: A Significant Move in the Financial Services Sector
CCI has approved the merger of Credit Suisse Group AG with UBS Group AG, two multinational investment banks based in Switzerland. UBS primarily focuses on brokerage services in India, while Credit Suisse offers wealth management and investment banking services. The merger will involve UBS acquiring Credit Suisse through an absorption merger. Detailed order from the CCI will be provided later.
5. Union Cabinet Reshuffle: Arjun Ram Meghwal Appointed Law Minister, Kiren Rijiju Now Minister of Earth Sciences
Arjun Ram Meghwal replaces Kiren Rijiju as Law Minister and Kiren Rijiju becomes Minister of Earth Sciences. The President approved the cabinet reshuffle based on Prime Minister Narendra Modi’s advice. Kiren Rijiju had previously criticized the judiciary.
6. Global Accessibility Awareness Day: Promoting Digital Inclusion for People with Disabilities
Global Accessibility Awareness Day (GAAD) is celebrated on the third Thursday of May each year to promote equitable access to digital technologies for people with disabilities. The Department of Empowerment of Persons with Disabilities (DEPwD) in India organizes events and seminars on web accessibility, assistive technologies, and disability representation. These events aim to distribute aids and raise awareness about accessibility. The day serves as a platform for experts, policymakers, and people with disabilities to come together, share knowledge, and discuss advancements in digital accessibility. GAAD strives to empower people with disabilities and build an inclusive society.
7. Seventh Nepal Chamber Expo 2023: Showcasing Domestic and International Products in Kathmandu
The seventh Nepal Chamber Expo 2023 started in Kathmandu, showcasing domestic and international products. It focuses on trade dialogues and promoting Nepali goods. Exhibitors from India, Bangladesh, and Pakistan participated, offering various products. The expo features a wide range of items, including handicrafts, food products, electronics, fashion wear, and more.
8. Meghalaya CM and Bangladesh High Commissioner Discuss Trade and Connectivity: Key Highlights
Meghalaya CM wants to improve trade and connectivity with Bangladesh. They discussed importing various products and expanding tourism. High Commissioner of Bangladesh emphasized enhancing connectivity, increasing interactions, and inviting investments from Meghalaya.
9. Sri Lankan President Declares Electricity, Petroleum Distribution, and Health Services as Essential
Sri Lankan President Wickremesinghe declares electricity, petroleum distribution, and health services as essential due to their vital role in the community and the potential for interruptions. This declaration aims to ensure the uninterrupted provision of these critical services for the well-being and functioning of the country.
10. Ministry Approves Foreign Training & Competitions for Olympic Sailors: Asian Games Preparation Underway
The Ministry of Youth Affairs and Sports has approved foreign training and competitions for four Olympic sailors as part of the Target Olympic Podium Scheme. The sailors will be competing in various locations before participating in the Asian Games in China. The estimated expenditure for the sailors, including coaches and equipment, is approximately Rs. 1.50 crore.
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