1) International Nurses Day observed globally on 12 May
•International Nurse Day is observed globally on 12 May every year. This day is observed to commemorate the birth anniversary of Florence Nightingale. She was also known as Lady with the Lamp. She was the founder of modern nursing and was a British social reformer and statistician.
•The theme of 2021 International Nurses Day is ‘Nurses: A Voice to Lead – A vision for future healthcare’.
2) Indian and Indonesian navies conduct exercise in Arabian sea
•The Indian and Indonesian Navies conducted Passage Exercise (PASSEX) in the southern Arabian Sea with a focus on further improving their interoperability. The exercise was aimed at improving interoperability and understanding between both the friendly navies.
•From the Indian Navy, INS Sharda, an Offshore Patrol Vessel (OPV) with a Chetak helicopter participated in the exercise. From the Indonesian Navy, KRI Sultan Hasanudin, a 90m Corvette took part in the exercise.
3) Padmakumar Nair Appointed As CEO Of National Asset Reconstruction Company
•Padmakumar M Nair has been appointed as the CEO of the proposed National Asset Reconstruction Company Ltd. Presently Padmakumar is the Chief General Manager of Stressed Assets Resolution Group at SBI.
4) Nomura Revises GDP Growth Estimate of India in FY22 to 10.8%
•Nomura has cut the GDP growth estimate of India for the current 2021-22 fiscal (FY22) to 10.8 per cent from the earlier projection of 12.6 per cent. The cut in the GDP rate is due to the impact of the second wave-induced lockdowns. Nomura is a Japanese brokerage having its headquarter in Tokyo.
5) Moody’s Projects India’s GDP Forecast for FY22 to 9.3%
•The rating agency Moody’s has cut the gross domestic product (GDP) forecast of India for FY22 (01 April 2021-31 March 2022) to 9.3 per cent. Earlier this rate was projected at 13.7 per cent. The downward revision in GDP estimates is due to the second wave of Covid infections across the country, which have triggered localised lockdowns and mobility curbs.
6) United Nations: India Projected To Grow At 10.1% In 2022
•The United Nations has projected that the Indian economy would grow at 10.1 per cent in the calendar year 2022, nearly double the 5.9 per cent growth forecast for the country in the January report. But cautioned that the growth outlook of 2021 was “highly fragile” as the country was the “new hotbed of the pandemic.”
•The mid-year update said that India will register a 7.5-per cent growth rate in the calendar year 2021, after an estimated contraction of 6.8 per cent in 2020.
7) IREDA conferred with Green Urja Award
•Indian Renewable Energy Development Agency Ltd (IREDA) has been conferred with the “Green Urja Award” for being the Leading Public Institution in the Financing Institution for Renewable Energy this year by the Indian Chamber of Commerce (ICC). IREDA gets the award for the pivotal and developmental role it plays in Green Energy Financing.
•Despite the pandemic time, IREDA has ended the year 2020-21 ended on a strong note and disbursed the second-highest (from the date of inception) amount of loan amounting to Rs. 8827 crore, which indicates that IREDA has the ability to translate this problem into an opportunity.
8) Puducherry becomes ‘Har Ghar Jal’ UT
•Puducherry has achieved the target of 100% piped water connection in rural areas under the Jal Jeevan Mission (JJM). Earlier, Goa, Telangana and Andaman & Nicobar Islands have provided tap water supply to every rural home under Jal Jeevan Mission. So, Puducherry is the fourth State/UT to provide assured tap water supply to every rural home under Jal Jeevan Mission.
•Jal Jeevan Mission is being implemented in partnership with States/ UTs to provide safe tap water to every rural home by 2024. The State of Punjab and the UTs of Dadra & Nagar Haveli and Daman & Diu have covered over 75% of rural homes with assured tap water supply.
9) Mayflower 400: World’s First Unmanned Vessel To Navigate Across Atlantic
•World’s First Unmanned Vessel named “Mayflower 400” is set to Navigate Across the Atlantic. It has been built by the marine research organization ProMare in collaboration with IBM. It will begin its transatlantic voyage on May 15, 2021, to track aquatic mammals, analyze plastic in the water, and study marine pollution.
