31 March 2023 : Latest Current Affairs 31st March
Important Current Affairs 31st March 2023
In this article, we will discuss all the Current Affairs of 31st March including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 31st March 2023 current affairs then read this article till the end.
Current Affairs of 31st March – National News
1. Kangra tea from Himachal Pradesh receives a European GI label.
◉ The European Geographical Indication (GI) designation has been given to Himachal Pradesh’s Kangra Tea.
◉ This is a significant certification that confirms the tea’s provenance in a certain area.
◉ The marking will make it easier for Kangra tea to get access to the European market.
◉ Kangra tea is famous for having a unique flavor and appearance. Black tea has a sweet, lingering aftertaste whereas green tea has a little woody fragrance.
◉ According to legend, the tea’s unique characteristics are a result of the region’s geographic characteristics. In 2005, Kangra tea in India was given the Geographical Indication status.
2. The second-largest cricket stadium in India will be named after Anil Agarwal in Jaipur.
◉ In order to build the third-largest cricket stadium in the world in the village of Chonp in Jaipur, Vedanta’s Hindustan Zinc Limited (HZL) and the Rajasthan Cricket Association have signed a Memorandum of Understanding.
◉ The stadium would cost INR 300 crore, one of the greatest corporate investments in India’s sporting infrastructure, thanks to Vedanta’s HZL.
◉ Anil Agarwal International Cricket Stadium, Jaipur, would be the venue’s name.
◉ Almost 75,000 people will be able to sit inside the stadium’s 100 acres of facilities. This stadium would be the biggest in the world in terms of the size of the playing field area.
3. A $363 million loan from the World Bank has been authorized for rural Karnataka.
◉ The Executive Board of Directors of the World Bank has granted a USD 363 million loan to Karnataka to offer two million rural households with clean drinking water through a piped water connection in their houses.
◉ Nearly 77 percent of Karnataka is dry or semi-arid, making it prone to droughts and floods brought on by unpredictable rainfall brought on by climate change, as well as to the depletion of groundwater and worsening water quality.
◉ It seeks to build drinking water distribution networks and install water meters, and it will provide piped water connections to homes throughout the state. The effort is anticipated to help about 10 million people across the state’s 31 districts.
4. Hyderabad’s 50 lakes will be renovated by the Telangana government.
◉ In order to revitalize and improve 50 water bodies in and around Hyderabad, the Telangana government’s Ministry of Municipal Administration and Urban Development has started an initiative.
◉ In Khajaguda Lake, Minister K Taraka Rama Rao launched the “Lakes Development Program.”
◉ The Greater Hyderabad Municipal Corporation (GHMC) is in charge of 25 of the 50 lakes, while the Hyderabad Metropolitan Development Authority (HMDA) is in charge of the remaining 25.
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Banking
5. Chief Economic Advisor projects 6.5% growth for the Indian economy over the next ten years.
◉ According to Chief Economic Advisor (CEA) V Anantha Nageswaran, the Indian economy is projected to expand at a rate of 6.5 percent over the next ten years as a result of the financial and investment cycle’s reversal.
◉ According to the Economic Report published by the Finance Ministry, the economy will rise by 6.5 percent between 2023 and 2024.
◉ India’s economic growth is expected to slow down to 6.4 percent in the fiscal year 2024, according to the RBI.
◉ The third-largest economy in Asia saw year-over-year growth of 4.4 percent in the months of October through December, down from 11.2 percent a year earlier and 6.3 percent in the quarter before.
Appointment
6. Ajay Singh is chosen to lead ASSOCHAM.
◉ CEO of SpiceJet The next president of the Associated Chambers of Commerce and Industry of India is Ajay Singh (ASSOCHAM).
◉ Sumant Sinha, who just finished his position as Managing Director of Renew Power, succeeded him.
◉ Sanjay Nair, the founder, and chairman of Sorin Investment Fund have been chosen to serve as the organization’s new senior vice president.
◉ Ajay Singh also serves as vice president of the International Boxing Association and president of the Indian Boxing Federation.
7. NDTV has nominated UK Sinha and Dipali Goenka as independent directors.
◉ Past Chairman of SEBI KS Sinha and successful businesswoman Dipali Goenka have been chosen to serve as NDTV’s independent directors for a two-year term.
◉ Moreover, NDTV has named U K Sinha as its non-executive chairperson.
Between 2011 and 2017, UK Sinha, a veteran bureaucrat, presided over the Securities and Exchange Board of India (SEBI).
◉ The appointment is based on the Nomination and Remuneration Committee’s recommendations and is pending shareholder and Ministry of Communication and Broadcasting approval.
8. Ranveer Singh is appointed as the brand ambassador by Star Sports.
◉ Bollywood star Ranveer Singh has been named the channel Star Sports’ brand ambassador by the Walt Disney Company India.
◉ Starting with the Tata IPL Opening Weekend in 2023, Star Sports and Ranveer Singh will embark on a partnership (Mar 31 – Apr 2).
◉ The World Test Championship Final, Premier League, Pro Kabaddi, Asia Cup, and the ICC Cricket World Cup are among the upcoming athletic events that will be broadcast on the network.
Awards
9. The University of Texas confers “Lifetime Achievement Award” to Naveen Jindal Naveen Jindal, an Indian industrialist, has received this honor for his contributions to business, politics, and education, according to the University of Texas at Dallas.
◉ After renowned Nobel Laureate Aziz Sancar, Jindal is the second person to get the Lifetime Achievement Award from the University of Texas at Dallas.
◉ This is the highest honor that a University of Texas at Dallas graduate may receive in recognition of their services to society.
Important day
10. Global Backup Day is on March 31.
◉ Global Backup Day is celebrated annually on March 31.
◉ Goal: To increase public awareness of the value of data backup and security.
◉ The goal of the day is to motivate people and companies to take proactive measures to protect their data and avoid losing crucial information as a result of hardware failure, cyberattacks, or other unforeseen circumstances.
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