20 March 2023 : Latest Current Affairs 20th March
Important Current Affairs 20th March 2023
In this article, we will discuss all the Current Affairs of 20th March including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 20th March 2023 current affairs then read this article till the end.
Current Affairs of 20th March – National News
1. India and Sri Lanka open the Geoffrey Bawa exhibition in New Delhi.
◉ The show “Geoffrey Bawa: It is important to be there” has just opened in New Delhi at the National Gallery of Contemporary Art and the Sri Lankan High Commission.
◉ This year’s show is set to run from 11 AM to 6.30 PM, excluding Mondays, through May 7.
◉ The celebration will honor the Cultural Exchange Program between the two nations and mark the 75th anniversary of diplomatic relations between the two nations.
◉ There will be more than 120 documents from the Bawa archives on display, including a section on unfinished projects and Bawa’s personal vacation photos.
2. Under the PM MITRA program, the government would create giant textile parks across 7 states.
◉ Mega textile parks are being planned to be built in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra, according to the Central Government.
◉ The PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks for the Textile Industry are a step in achieving the goal of making India a center for the production and export of textiles on a global scale.
◉ The Prime Minister’s “5F” vision, which stands for “Farm to Fibre to Factory to Fashion to Foreign,” served as inspiration for this action.
◉ These parks are anticipated to increase the textile industry’s competitiveness by facilitating economies of scale and luring foreign manufacturers to India.
3. For the fifth time, Indira Gandhi Airport was named the finest airport in South Asia.
◉ Skytrax, a global air transportation assessment agency, has given Delhi’s Indira Gandhi International Airport the title of Best Airport in India and South Asia.
◉ Following Changi Airport in Singapore as the best airport in the world in 2023 is Hamad Airport in Doha.
◉ Singapore was ranked No. 3 in 2022, whereas Doha Hamad claimed the top spot.
◉ The annual worldwide airport customer satisfaction survey, which was conducted between August 2022 and February 2023, is the foundation for the Skytrax World Airport Awards.
4. 10% of CISF positions have been reserved by the Union government for former Agnives.
◉ The Central Industrial Security Force will now have a 10% reservation for former Agniveers, according to the Union Home Ministry (CISF).
◉ Former Agnives will have their upper age limit lowered and will not have to take the Physical Efficiency Test.
◉ According to the notification, candidates for the first batch of Agniveers will have their upper age limit eased by up to five years.
5. New Delhi will host the international SME convention in 2023.
◉ The International SME Conference 2023 (ISC) is being held in New Delhi for the third time.
◉ India’s four primary Sunrise Sectors—Cleantech and Green Energy, Manufacturing, Services Sector, and Agro Food Processing and Agri Implements Sector—are the convention’s primary focal areas.
◉ The convention is anticipated to draw more than 1500 attendees. Narayan Rane, the Union Minister for Micro, Small, and Medium Businesses, will open the three-day SME Conference.
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Banking
6. Indian GDP projected to expand by 6% in FY24 by Crisil
◉ India’s Gross Domestic Product (GDP) is predicted to increase at 6% in 2023–2024, a lower rate than the 7% predicted for 2022–2023, according to a report by credit rating agency CRISIL.
◉ According to CRISIL, due to the high-base effect and some easing of oil and commodity prices, consumer inflation is predicted to drop to 5 percent on average in fiscal 2024 from 6.8 percent on average in fiscal 2023.
◉ While the weakening economy should control core inflation, a healthy rabi harvest would aid in reducing food inflation.
◉ Over 2023–2024, retail inflation will be on average 5%, down from 6.8%. (averaged in 2022-23).
Appointment
7. Deepak Bagla resigns as Invest India’s MD and CEO.
◉ The government’s primary organization for promoting and facilitating investments, Invest India, has announced the resignation of its managing director and chief executive officer, Deepak Bagla.
◉ Since 2015, Bagla has served as the director of Invest India. He formerly worked for the World Bank, Citibank, and the private equity company 3i Group.
◉ The Department of Industrial Policy and Promotion, under the Ministry of Trade and Industry, established Invest India in 2009.
8. BPCL names G Krishnakumar as its new CMD.
◉ The Bharat Petroleum Corporation Limited’s new chairman and managing director are Krishnakuma (BPCL).
◉ He is the organization’s Executive Director at the moment.
◉ For 36 years, Krishnakumar has worked with BPCL, managing the company’s customer-focused initiatives in convenience retailing, premium fuels, and new tech & digital activities.
Awards
9. For its anti-smoking regulations, Bengaluru was named a “Healthy City.”
◉ At a summit held in London, Bengaluru received the “Partnership for Healthy Cities” award and a monetary incentive of $150,000 for successfully implementing smoke-free policies.
◉ After a concerted effort, smoke-free Bengaluru was able to reduce public smoking from 18.2% in 2017 to 13.3% in 2018. (2021).
◉ Also, the percentage of signage that read “no smoking” in the city rose from 23.1% in 2017 to 75%.
◉ Officials from more than 50 cities attended the global summit to examine issues related to public health.
Important day
10. 18 March – Ordinance Factories’ Day
◉ In India, Ordnance Factory Day is marked annually on March 18.
◉ It marks the day in 1801, during British colonial authority, when the first ordnance factory was established by the British in Cossipore, Kolkata.
◉ The Ministry of Defense observes the day.
◉ Theme: Vinashaya Dushkritam for 2023
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