Stay updated with the pivotal events of August 21, 2023, in this concise overview of the day’s top current affairs.
Current Affairs Newsletter – August 21, 2023
As the world continues to spin, important events shape the course of history. On August 21, 2023, several key occurrences captured global attention and influence across various sectors.
- EPFO Records High Membership Addition: In June 2023, the Employees’ Provident Fund Organization (EPFO) added 17.89 lakh net members, the highest in 11 months. This surge was led by youth enrollment, with 57.87% aged 18-25, and significant growth observed in sectors like trading, construction, engineering, and textiles.
- Y20 Summit in Varanasi: The Y20 Summit held in Varanasi concluded successfully, focusing on global challenges, research collaboration, gig worker rights, and sustainable financing. The summit, held from August 17th to 20th, marked new milestones under India’s G20 Presidency.
- Bilateral Cooperation with Norway: A high-level delegation led by Union Minister Shri Parshottam Rupala and Minister of State Dr L. Murugan visited Norway to strengthen bilateral cooperation in fisheries and aquaculture.
- Localization of SDGs in Panchayats: The National Thematic Workshop on Localization of Sustainable Development Goals (SDGs) began in Srinagar, aiming to strengthen the implementation of SDGs in Gram Panchayats.
- Onion Buffer Increase: The Indian government increased the onion buffer to 5 lakh metric tonnes to support farmers and provide affordable onions to consumers.
- Khadi and Village Industries Activities: Chairman of KVIC, Shri Manoj Kumar, inaugurated Khadi and Village Industries (KVI) activities in Tamil Nadu, highlighting Khadi’s role in poverty eradication and women’s empowerment.
- Changes in Perquisite Calculation: The Finance Act, 2023 introduced changes in calculating the “perquisite” value for rent-free or concessional accommodation provided by employers to employees.
- Progress in Defence Sector: Raksha Mantri Shri Rajnath Singh highlighted significant progress in India’s defence sector over the past nine years towards self-reliance and strategic autonomy.
- Indian Navy’s Submarine Deployment: The Indian Navy’s submarine INS Vagir undertook an extended-range deployment to Fremantle, Australia, showcasing the capability and professionalism of the Indian Navy.
- Bilateral Collaboration with Norway: A high-level delegation from India visited Norway to strengthen cooperation in fisheries and aquaculture, covering development, research, innovation, and trade.
- G20 Trade and Investment Meetings: The fourth and final meeting of the Trade and Investment Working Group under India’s G20 Presidency was held in Jaipur, addressing priority issues related to global trade and investment.
- EPFO Membership Growth: In June 2023, the EPFO added 17.89 lakh net members, with significant growth in sectors like trading, construction, engineering, textiles, and more.
- Onion Buffer Increase: The Indian government increased the onion buffer to 5 lakh metric tonnes, aiming to provide affordable onions to consumers and support farmers.
- Perquisite Calculation Changes: The Finance Act, 2023 introduced changes in calculating the “perquisite” value for rent-free or concessional accommodation provided by employers to employees.
- India’s Victory in T-20 Series: India defeated Ireland by 33 runs in the second T-20 match, securing a 2-0 lead in the 3-match series.
- Indian Wrestler’s Achievement: Indian wrestler Priya Malik won the gold medal at the 2023 U20 World Wrestling Championships, while wrestler Mohit Kumar won in the men’s 61 kg freestyle category.
- Graphene-Aurora Program Launch: The ‘Graphene-Aurora Program’ was launched in collaboration with the Ministry of Electronics and IT to promote the emerging graphene technology and innovation ecosystem.
- India’s First 3D Printed Post Office: India’s first 3D printed post office building was inaugurated in Bangalore, showcasing the use of advanced technology in infrastructure.
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