1) National Handloom Day Celebrates on 07 August
•In India, the National Handloom Day is observed annually on the 7th of August to honour the handloom weavers. Handloom is a symbol of our glorious cultural heritage and an important source of livelihood. The day also highlights the contribution of the handloom industry to the socioeconomic development of the country and increased the income of the weavers. 2022 marks the 8th National Handloom Day. This year theme of National Handloom Day 2022 is ”Handloom, an Indian legacy”.
National Handloom Day 2022: Schemes
•These initiatives include the Comprehensive Handloom Cluster Development Scheme (CHCDS), National Handloom Development Programme (NHDP), Handloom Weavers Comprehensive Welfare Scheme (HWCWS), and Yarn Supply Scheme (YSS).
2) India observes 2nd ‘Javelin Throw Day’ on August 07, 2022
•The Athletics Federation of India (AFI) is celebrating the second ‘Javelin Throw Day’ on August 7, 2022. The day was first observed in 2021 in honour of Javelin thrower Neeraj Chopra, who won India’s first Olympic gold medal in athletics at Tokyo. This decision to observe Javelin Throw Day is also an attempt to attract more youth towards the sport and get champions ready for a bright future in athletics ahead.
•Neeraj Chopra has scripted history at the Olympic Stadium in Tokyo when he threw the javelin to a distance of 87.58m to end India’s medal drought in athletics at the Olympics. This is India’s first-ever gold medal in athletics in the history of the Olympics. AFI’s bid to name August 7 as Javelin Throw Day is an attempt to attract more youth to the sport.
3) Nation observes 80th anniversary of Quit India movement
•The 80th anniversary of the August Kranti Din or Quit India Movement, which is considered as one of the important milestones in the history of the freedom struggle of our country, is being observed on 8 August 2022. The slogans “Quit India” and “Do or Die” became battle cries for the freedom fighters during the Quit India movement.
4) PM Modi Chairs 7th NITI Aayog Governing Council Meet
•Prime Minister Narendra Modi on Sunday attended the seventh NITI Aayog governing council meeting which took place at the Rashtrapati Bhavan’s cultural centre in the national capital. The council held discussions over several issues such as crop diversification, urban development and implementation of the National Education Policy (NEP).
5) Govt Launches: Mission Vatsalya Scheme
•The Ministry of Women and Child Development is implementing a centrally-sponsored scheme “Mission Vatsalya” erstwhile Child Protection Services (CPS) scheme, since 2009-10 for the welfare and rehabilitation of children.
6) Government Emphasises On Whole Of The Government Approach To Boost Exports
•Union Commerce and Industry Minister Piyush Goyal on Friday, 5 August emphasised on ‘Whole of Govt’ approach to boost exports. Interacting with the Export Promotion Councils (EPCs) and representatives of Industry associations at New Delhi on Friday, Goyal reviewed the Export scenario of the country. He said that the ‘Whole of Govt’ approach to boost exports would require exporters, EPCs, govt agencies and Indian missions abroad to work together. He further stated that the ball is in our court and we have to be ready to take on global competition. He said that government is doing its best through various measures to support Indian exporters to compete globally.
7) UP Government appoints Deloitte India to make UP a $1 trillion economy
•The Government of Uttar Pradesh has decided to appoint Deloitte India as a consultant. The aim of this decision is that it will suggest plans for bringing the state’s economy to the USD 1 trillion mark. The UP government signed a memorandum of understanding (MoU) with Deloitte India on Friday. In the presence of Chief Minister Yogi Adityanath, the MoU was signed between the consultancy agency and the government of Uttar Pradesh.
•On 19 July 2022, the Government of Uttar Pradesh decided to appoint Deloitte India as the consultant for improving the Economy of the most populous state of India. Yogi Adityanath takes this decision aiming for the advantage and economic development of Uttar Pradesh. The project aims that Uttar Pradesh will become a benchmark for the policy of ‘Sabka Saath Sabka Vikas’ with a trillion-dollar economy. Deloitte will present a future action plan in 90 days and it will be presented to Yogi Adityanath. The action plan will be examined by a high-level committee which will be headed by the Chief Secretary.
8) UP Govt Plans to Double Farmers income under ‘Panchamrut Yojana’
•Uttar Pradesh government announced that Chief Minister Yogi Adityanath’s ‘Panchamrut Yojana’ will help to achieve the goal of doubling farmers’ income through the introduction of cost-effective technical measures and the promotion of the co-cropping method.
9) Spiritual leader Dalai Lama honoured with Ladakh’s highest civilian award
•Tibetan spiritual leader, Dalai Lama was honoured with the ‘dPal rNgam Duston’ award, the highest civilian honour of Ladakh. This award is given for his immense contribution to humanity, especially towards the union territory. The sixth award was conferred by Ladakh Autonomous Hill Development Council (LAHDC), Leh which celebrated the ‘dPal rNgam Duston’ with great fervour on the occasion of its foundation day at Sindhu Ghat.
•The 87-year-old spiritual leader, who is on a visit to the union territory since July 15, appreciated the gesture and stressed maintaining communal harmony in the region. The ‘dPal rNgam Duston’ marks the celebration of the remarkable contribution and achievement of the heroes of Ladakh and seeks to instil a sense of pride in the younger generation.
10) CSIR appoints Nallathamby Kalaiselvi its first woman director general
•Senior electrochemical scientist, Nallathamby Kalaiselvi has become the first woman director general of the Council of Scientific and Industrial Research. Her appointment is for a period of two years with effect from the date of assumption of charge of the post or until further orders, whichever is earlier. Kalaiselvi succeeds Shekhar Mande, who superannuated in April.
•Kalaiselvi has risen through the ranks in CSIR and had broken the proverbial glass ceiling by becoming the first woman scientist to head the Central Electrochemical Research Institute (CSIR-CECRI) in February 2019.
11) Indian-American Aarya Walvekar crowned Miss India USA 2022
•Indian American from Virginia, Aarya Walvekar has crowned Miss India USA in 2022 in New Jersey. Saumya Sharma, a second-year premedical student at the University of Virginia, was declared first runner up and Sanjana Chekuri of New Jersey was the second runner-up. This year marks the 40th anniversary of the pageant which is the longest-running Indian pageant outside of India. It was started by New York-based Indian- Americans Dharmatma and Neelam Saran under the banner of Worldwide Pageants.
12) Unity SFB named Inderjit Camotra as MD & CEO
•The Unity Small Finance Bank (SFB) Limited (Unity Bank) has appointed, Inderjit Camotra as the managing director and chief executive officer (MD & CEO) of the bank. A senior banker with over 25 years of experience across India, Camotra held various leadership positions at Standard Chartered Bank. In January 2022, the bank appointed Vinod Rai, the former CAG of India, as its Chairman.
•An IIT-Delhi graduate, Camotra pursued his MBA from Clarkson University in New York. Camotra was earlier an executive director with Centrum Financial Services Ltd, and has played a crucial role in the transitioning of the company into a bank.
13) SEBI constitutes a 15-member committee to Attract Foreign Investment
•The Securities and Exchange Board of India (SEBI) has constituted a 15-member committee to increase foreign investment. The advisory committee constituted by SEBI is called the ‘FPI Advisory Committee’ or FAC to ease ways for foreign investors to invest in the Indian markets by reviewing the existing processes. SEBI decides to constitute this committee to simplify the investment processes in the capital markets of India and suggest new ways of increasing investments.
