1. FIRST-EVER BRAND & LOGO FOR INDIAN COTTON
• Union Minister for Textiles, Smriti Zubin
Irani launched First-Ever Brand & Logo for Indian Cotton through virtual
mode on occasion of World Cotton Day on October 7, 2020.
• India’s Premium Cotton is set to be known as
‘Kasturi Cotton’ in World Cotton Trade.
• It will represent Whiteness, Brightness,
Softness, Purity, Luster, Uniqueness and Indianness.
2. ‘JAN ANDOLAN’ CAMPAIGN
FOR COVID-19 APPROPRIATE BEHAVIOUR
• PM Narendra Modi launched ‘Jan Andolan’
(People’s Participation) campaign for following COVID-19 Appropriate
Behaviour.
• The awareness campaign will promote COVID-19
behaviour ahead of the upcoming festive season and the reopening of the
economy.
• Prime Minister Narendra Modi asked the
citizens to “Wear Mask, Wash Hands, Follow Social Distance and Practice ‘Do Gaj
Ki Doori’ (a distance of two yards)”.
3. COVID-19 TO PUSH 150
MILLION PEOPLE INTO EXTREME POVERTY
• According to the report ‘Poverty and Shared
Prosperity 2020: Reversals of Fortune’ released by the World Bank Group around
150 Million People will be pushed into Extreme Poverty by the end of 2021 due
to COVID-19.
• This is the first rise in Extreme Poverty
Percentage in 20 years.
• The report analyzes three aspects which are
driving the increase in global poverty – COVID-19, Armed Conflict and Climate
Change.
• The pandemic is expected to push 88
Million-115 Million people into extreme poverty in 2020.
• The World Bank highlighted the lack of data in
India as a hindrance for monitoring Global Poverty.
• Government of India has not released 2017-18
All India Household Consumer Expenditure Survey Data due to which there is lack
of data.
4. CONCESSION AGREEMENT
WITH UP GOVERNMENT FOR JEWAR AIRPORT
• The Government of Uttar Pradesh (UP) and the
Zurich Airport International AG (ZAIA) signed a 40-year concession agreement which
grants license to Zurich Airport for designing, building and operating the
Noida International Airport(NIA) (also known as Jewar Airport) at Jewar,
outskirts of Delhi.
• The concession agreement was signed with the
Yamuna International Airport Private Limited (YIAPL) a special purpose vehicle
incorporated by Zurich Airport for this project.
5. M RAJESHWAR RAO AS THE
NEW DEPUTY GOVERNOR OF RBI
• Government of India appointed M Rajeshwar Rao
as the new 4th deputy governor of the Reserve Bank of India (RBI) responsible
for financial regulations.
• He will succeed NS Vishwanathan, the former
4th Deputy Governor of RBI, who resigned in March 2020 before the completion of
his term (June 2020).
• M Rajeshwar Rao is currently serving as the executive
director of RBI.
6. ASHWANI KUMAR, PASSED
AWAY AT 69
• Ashwani Kumar, the former Director of Central
Bureau of Investigation (CBI) and former governor of Manipur and Nagaland
committed suicide and was found dead in his residence in Shimla.
• He was born on 15th November 1950 in Nahan,
Sirmaur, Himachal Pradesh.
• He was currently serving as the vice
chancellor of a Private university in Shimla.
