Today’s Daily Current Affairs in Hindi and English PDF | 11 July 2023

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Welcome to today’s edition of Daily Current Affairs in Hindi and English. In this article, we provide a concise overview of the important events and news from various fields. Stay updated and enhance your knowledge with our comprehensive PDF for 11 July 2023.

National

Swachh Bharat Mission Urban 2.0: Accelerating Garbage-Free Cities and Sustainable Sanitation

The Ministry of Housing and Urban Affairs (MoHUA) conducted a workshop to review and accelerate the implementation of Swachh Bharat Mission Urban 2.0 (SBM-U 2.0). The mission aims to make urban India garbage-free, improve sanitation facilities, and manage wastewater effectively. The first phase of the mission achieved 100% Open Defecation Free status in urban India. The second phase focuses on sustainable sanitation, with many cities certified ODF+ and ODF++ and implementing waste management practices. The workshop discussed various projects and initiatives under SBM-U 2.0, including solid waste management, used water management, and legacy waste remediation. The goal is to achieve a garbage-free rating of 3 stars for all cities by 2026 and promote waste-to-wealth and circular economy practices.

MeitY Inaugurates Product Design Centre and Launches Grain-Ex System for Quality Detection

The Ministry of Electronics and Information Technology (MeitY) inaugurated a Product Design Centre (PDC) at the Centre for Development of Advanced Computing (C-DAC), Kolkata. The PDC offers facilities for prototyping and system designing. Additionally, they launched the Grain-Ex system, an appearance-based e-Quality detection system for pulses. The system aims to improve quality-based pricing in e-NAM markets and benefit startups, entrepreneurs, and MSMEs in the eastern region of India. The event was attended by various dignitaries, industry partners, and project team members.

India’s G20 Culture Working Group Sets Guinness World Record for Largest Display of Lambani Items in Hampi

The Culture Working Group under India’s G20 Presidency set a Guinness World Record for the ‘Largest Display of Lambani Items’ in Hampi. The exhibition showcases Lambani embroidery patches and celebrates cultural unity. The initiative aligns with the ‘Culture for LiFe’ campaign and promotes sustainability. Over 450 Lambani women artisans participated, using GI-tagged Sandur Lambani embroidery. The project supports the PM’s ‘LiFe’ campaign and the Culture Working Group’s objective of an environmentally conscious lifestyle.

Lambani embroidery is a traditional craft in Karnataka, providing livelihoods to women and preserving cultural heritage. The display symbolizes unity, diversity, and interconnectedness among cultures, promoting dialogue and understanding. Sandur Kushal Kala Kendra (SKKK) works to revive traditional crafts and has gained recognition for Lambani craft, receiving the UNESCO Seal of Excellence and the GI tag.

National Fish Farmers Day Meet 2023: Celebrating Fisheries Innovators and Boosting India’s Fisheries Sector

The National Fish Farmers Day Meet 2023 took place in Mahabalipuram, India. Shri Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry, and Dairying, inaugurated the Exhibition on Fisheries Startups and interacted with beneficiaries of the PMMSY scheme. The Department of Fisheries launched the Fisheries Startup Grand Challenge, and 12 startups were selected as winners.

The event emphasized the importance of the fisheries sector in India’s economy and food security. Dignitaries from various states attended the event, and the program was live-streamed on social media platforms. The fisheries sector has made significant progress in fish production, contributing to the country’s overall development. The observance of National Fish Farmers Day raises awareness about aquaculture and its impact on food security.

U20 Mayoral Summit Concludes: Key Priorities for Sustainable Future Delivered to G20 Leaders

The U20 Mayoral Summit concluded with the handover of the Communique to G20 leaders. The Communique, endorsed by 105 cities, focuses on six priorities: environmentally responsible behaviors, climate finance, local culture and economy, water security, digital urban futures, and urban planning and governance. Union Minister Hardeep Singh Puri emphasized the importance of these priorities for a sustainable future. The G20 Sherpa, Amitabh Kant, highlighted the role of cities in shaping a prosperous future, calling for adequate infrastructure finance and improved urban planning. Technical papers on gender mainstreaming and achieving net-zero emissions were also launched.

International

India’s Economic Rise: Goldman Sachs Forecasts Second-Largest Economy by 2075

India is projected to become the world’s second-largest economy by 2075, surpassing Japan, Germany, and the US, according to investment bank Goldman Sachs. The country’s GDP is estimated to reach $52.5 trillion, driven by factors such as population growth, innovation, technology, capital investment, and worker productivity. The private sector is encouraged to expand manufacturing and services to generate more jobs and accommodate the large labor force. India has also become the top emerging market for investment, attracting interest from sovereign investors due to its stability, demographics, regulatory initiatives, and favorable environment. Additionally, India, along with South Korea, is seen as an attractive destination for increasing exposure and foreign corporate investment.

Indian Assistance: Sri Lanka’s Lifeline During Crisis, Says Foreign Minister

Indian assistance during the crisis was crucial, according to Sri Lanka’s Foreign Minister MUM Ali Sabry. Sri Lanka received credit lines from India, allowing them to secure international funding. Several projects with India, including energy hubs and port development, are underway. Efforts are being made to increase investments and connectivity with the Northern and Eastern provinces. Negotiations for devolution of powers to these provinces have also begun.

Artisans from India Crafting First Hand-Sculpted Hindu Temple in Abu Dhabi | A Testament to Cultural Heritage and Connection

A team of 2,000 artisans from India is hand-sculpting the first Hindu temple in Abu Dhabi, UAE. The craftsmen are using white marble and pink sandstone to create intricate carvings depicting stories from sacred scriptures. The temple, set to open in February, will showcase stunning depictions of Hindu deities and scenes of daily life. The artisans’ expertise has been passed down through generations, and they take great pride in contributing to the temple, which represents the cultural heritage of India and strengthens the connection between India and the UAE. The temple is located near Al Rahba and is scheduled to be inaugurated in 2024.

OPEC Explores Membership Expansion with Azerbaijan, Malaysia, Brunei, and Mexico for Stabilizing Oil Markets

OPEC is considering expanding its membership by engaging in consultations with Azerbaijan, Malaysia, Brunei, and Mexico. The objective is to identify nations that share strategic objectives in stabilizing oil markets. The four countries have demonstrated solidarity with OPEC since 2017 and share a common goal of stabilizing oil markets. The outcomes of these discussions will be closely monitored for their potential implications in the oil industry.

Business

Steady Growth in Direct Tax Collections for FY 2023-24: Provisional Figures Show Promising Results

Provisional figures of Direct Tax collections for FY 2023-24 show steady growth, with gross collections at Rs. 5.17 lakh crore, a 14.65% increase compared to last year. Net collections stand at Rs. 4.75 lakh crore, 15.87% higher than last year. Refunds issued from April to July 2023 are Rs. 42,000 crore, 2.55% higher than the previous year.

Government Securities Auction: 7.06% GS 2028, 7.26% GS 2033, and 7.30% GS 2053 for Sale

The Government of India plans to sell (re-issue) three types of government securities through auctions conducted by the Reserve Bank of India. The securities include “7.06% GS 2028,” “7.26% GS 2033,” and “7.30% GS 2053.” The auctions will take place on July 14, 2023, and the government will have the option to retain additional subscriptions. Both competitive and non-competitive bids should be submitted electronically. The auction results will be announced on July 14, 2023, with payment by successful bidders scheduled for July 17, 2023. The securities will be eligible for “When Issued” trading.

Sports

India vs. Bangladesh: Women’s Cricket – Second T20I Match Today in Dhaka

India will play against Bangladesh in the second T20 International match of the women’s cricket series in Dhaka today. The first match was won by India, and the final match will be held on Thursday.

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