Daily Current Affairs August 1, 2024

Daily Current Affairs August 1, 2024

1. Tarang Shakti 2024 – India’s Multinational Air Exercise: India will host its first multinational air exercise called “Tarang Shakti 2024” in two phases. The exercise will take place in Tamil Nadu and Rajasthan, with nearly 30 countries participating. Ten countries will join the exercise with their fighter aircraft. Tarang Shakti aims to showcase India’s defense capabilities and enhance cooperation among participating militaries.
2. Lieutenant General Sadhna Saxena Nair – First Woman Director General of Medical Services: Lieutenant General Sadhna Saxena Nair has become the first woman to be appointed the Director General of Medical Services in the Indian Army. She was also the first woman to serve as the Director of General Hospital Services (Armed Forces) and the Principal Medical Officer of the Western Air Command.
3. ADB’s Loan for Swachh Bharat Mission 2.0: The Asian Development Bank (ADB) has committed a $200 million loan to improve solid waste management and sanitation in 100 cities across eight states in India. This funding is part of the Swachh Bharat Mission 2.0 – Comprehensive Municipal Waste Management in Indian Cities Program.
4. Swapnil Kusale’s Bronze Medal at Paris Olympics 2024: 28-year-old Swapnil Kusale secured India’s third medal at the Paris Olympics by winning the bronze in the men’s 50m rifle 3 positions final. His marksmanship added to India’s growing tally in the shooting events.
5. UGRO Capital’s Co-Lending Agreement with SIDBI: UGRO Capital, a data-tech non-banking financial company (NBFC), has partnered with the Small Industries Development Bank of India (SIDBI) to provide timely and affordable credit to micro, small, and medium enterprises (MSMEs). This collaboration aligns with the Reserve Bank of India’s (RBI) co-lending framework, which aims to enhance priority-sector lending by leveraging the strengths of both banks and NBFCs.
6. Covrzy’s Direct Broking License from IRDAI: Bengaluru-based insurtech startup Covrzy has achieved a significant milestone by obtaining a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI). This license allows Covrzy to function as a direct insurance broker, offering a comprehensive range of business insurance solutions across India.
7. Sanjay Shukla’s Role as Managing Director of National Housing Bank: Sanjay Shukla has officially taken on the role of managing director (MD) at the National Housing Bank (NHB) as of July 30, 2024. With over three decades of experience in housing and retail asset finance, Shukla brings valuable leadership and transformation expertise to the institution.
8. 32nd International Conference of Agricultural Economists (ICAE) in New Delhi: India will host the 32nd International Conference of Agricultural Economists (ICAE) in New Delhi from August 2-7, 2024. This conference, held every three years, will focus on “Transformation Towards Sustainable Agri-Food Systems” and take place at the Pusa Institute.
9. India’s Hosting of the 46th World Heritage Committee Meeting: For the first time, India proudly hosted the 46th session of the World Heritage Committee Meeting from July 21 to 31, 2024, at Bharat Mandapam in New Delhi. This significant event underscores India’s dedication to international cooperation and capacity-building in heritage conservation.
10. India’s Role in Supply Chain Council (IPEF): India has been elected as the Vice-Chair of the Supply Chain Council under the Indo-Pacific Economic Framework for Prosperity (IPEF). This appointment highlights India’s critical role in developing a resilient supply chain in the Indo-Pacific region. The election is part of a larger agreement on supply chain resilience, establishing India alongside 13 other IPEF partners in shaping regional supply chain policies.
11. National Mountain Climbing Day (August 1st): National Mountain Climbing Day, observed annually on August 1st, is dedicated to honoring the spirit of adventure and the remarkable achievements of mountaineers. It’s a day to celebrate the thrill of scaling heights, conquering challenges, and experiencing breathtaking vistas in ascent².
12. World Lung Cancer Day (August 1st, 2024): World Lung Cancer Day is observed annually on August 1st. On this day, healthcare professionals, patients, and advocates come together to raise awareness about lung cancer, its prevention, and effective treatments. Let’s continue our efforts to combat this disease and support those affected by it.
13. World Breastfeeding Week 2024 (August 1st to 7th): World Breastfeeding Week, celebrated annually from August 1st to 7th, focuses on promoting breastfeeding support for all. The theme for World Breastfeeding Week 2024 is “Closing the gap: Breastfeeding support for all.” Let’s recognize the importance of breastfeeding and work towards ensuring equitable access to healthcare for all mothers and infants.
14. UNESCO World Heritage Committee Session (July 21-31, 2024): At the 46th Session of the World Heritage Committee held in New Delhi, 24 new sites were added to the UNESCO World Heritage List. This historic event marked the first time India hosted the UNESCO World Heritage Committee. Prime Minister Narendra Modi announced $1 million in aid for conservation projects and capacity-building initiatives in developing countries during the session.
15. Goem Vinamulya Vij Yevjan Scheme in Goa: Chief Minister Pramod Sawant has launched the ‘Goem Vinamulya Vij Yevjan’ scheme in Goa, aligning it with the Prime Minister’s Surya Ghar Muft Bijli Yojana. This initiative aims to enhance solar rooftop installations in residential households, enabling them to generate their own electricity and reduce reliance on traditional power sources.