Page-8 of Current Affairs - September, 2021

India’s clean energy commitments at UN summit

During the first leader-level meeting on energy, under the UN General Assembly, India has made commitments to increase the renewable energy installed capacity to 450 GW by 2030. Key Points India has also committed to develop and implement a National ..

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QUAD Leaders’ Summit 2021 – Highlights

The first in-person meeting of the Quadrilateral Security Dialogue (Quad) of India, Australia, the United States and Japan, was held in Washington on September 24, 2021. Highlights Meeting was participated by Prime Minister Narendra Modi along with leaders of the ..

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RBI permits transfer of fraud loans to ARCs.

The Reserve Bank of India (RBI) allowed, on September 23, 2021, lenders to sell loans that are tagged as fraud to the asset reconstruction companies (ARCs). Key facts This permission by RBI potentially paves the way for focussed recovery efforts ..

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Interactive digital airspace map for drone operations released

Ministry of Civil Aviation released an “interactive digital airspace map” for flying drones, that demarcates areas into different zones for flying drones across India. Highlights Zones for flying drones also include yellow and red zones. The release of the map ..

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$2.5-bn contract signed for 56 Airbus C-295 military aircraft

Ministry of Defence (MoD) has signed a $2.5 billion contract for the acquisition of 56 Airbus C-295 aircraft on September 24, 2021. Key Facts 56 Airbus C-295 aircraft will replace the Indian Air Force’s (IAF’s) legacy fleet of Avro HS-748 ..

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DFC- USAID announce $55 mn guarantee programme in India

The US International Development Finance Corporation (DFC) and the United States Agency for International Development (USAID) have jointly decided to sponsor a $55 million credit guarantee programme in India. This announcement was made on September 24, 2021. Key Points This ..

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Italy recognizes India’s Covishield Vaccine

Italy has recognised Covishield vaccine against the Coronavirus on September 24, 2021. Highlights Covieshield vaccine against coronavirus was jointly developed by Oxford University & pharma giant AstraZeneca while it was manufactured by the Serum Institute of India. With this recognition ..

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KVIC sets up Odisha’s first silk yarn production centre

Khadi and Village Industries Commission (KVIC) has started a historic initiative to set up first ever Tussar Silk Yarn Production Centre at Choudwar in Cuttack district in Odisha. Key Points The silk yarn production centre was inaugurated on September 24, ..

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