1 May 2023 : Latest Current Affairs 1st May
Important Current Affairs 1st May 2023
In this article, we will discuss all the Current Affairs of 1st May including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 1st May 2023 current affairs then read this article till the end.
Current Affairs of 1st May – National News
1. 2023’s Sinthan Snow Festival will take place in J&K
◉ A two-day Sinthan Snow Festival-2023 has been planned by the Directorate of Tourism, Jammu, and Kishtwar Tourism Development Authority (KTDA) in Kishtwar, J&K.
◉ The Jammu & Kashmir Academy of Art, Culture, and Languages (JKAACL), the District Administration Kishtwar, and the Army have all worked together to organize the snow festival.
◉ The events during this festival include a bike rally, paragliding, snow kayaking, and many others.
2. The Goa government held a 3-day Heritage Festival.
◉ A three-day legacy festival has been launched by the Goa tourism office to highlight the coastal state’s artistic expressions, dances, and food.
◉ The Goa Heritage Festival brilliantly captures the essence of the living traditions and practices that make Goa so distinctive.
◉ By showcasing the traditions, culture, and arts of the state, the festival seeks to encourage cultural tourism in Goa.
◉ Additionally, a distinctive craft bazaar will be set up where regional companies can display the wide range of handicrafts, art, and traditional goods produced in Goa.
3. Rajasthan Housing Board won a national real estate award.
◉ For registering the most housing projects with the Real Estate Regulatory Authority (RERA) and selling the most housing units nationwide, the Rajasthan Housing Board has been recognized on a national level.
◉ Housing Board Commissioner Pawan Arora received the honor from the National Real Estate Development Council in New Delhi.
◉ In the past four years, the Housing Board has received up to 15 national and international awards for its accomplishments.
◉ The National Real Estate Development Council (NAREDCO), a central government agency, presented the National Real Estate Award to the Rajasthan Housing Board.
4. IMC will host the India Calling Conference in Mumbai in 2023.
◉ ‘India Calling Conference 2023’ was held in Mumbai and was hosted by the Indian Merchants Chamber. Union Minister for Commerce and Industry Piyush Goyal spoke at the event.
◉ In his speech, he emphasized the role that businesses from small nations like the Czech Republic and Poland play in the global supply chains of large corporations.
◉ Goyal urged everyone to strive towards an economy worth USD 47 trillion by the year 2047 in India.
“Rising India Inviting Partnership for Growth” is the conference’s theme for 2023.
◉ Piyush Goyal, the Union Minister for Commerce, Nitin Gadkari, the Minister for Road Transport and Highways, and Darshana Jardosh, the Minister for Railways & Textiles, all attended the conference.
5. PM Modi unveils 91 FM transmitters with a 100-watt capacity.
◉ At Diphu in the Karbi Anglong district of India, Prime Minister Narendra Modi has essentially inaugurated 91 FM transmitters with a 100-watt capacity.
◉ The transmitter will serve as a means of distributing entertainment content throughout the entire nation as well as information on government initiatives and laws.
◉ The impoverished who would not have had access to this facility prior will gain from this since it will strengthen intellectual and cultural ties.
◉ This is the district’s long-cherished dream: Karbi Anglong’s first FM transmitter.
6. India and the UK have decided to jointly establish the India-UK ‘NET Zero’ Innovation Virtual Centre.
◉ This centre will serve as a forum for stakeholders from the two nations to collaborate on projects like the decarbonization of transportation systems, manufacturing processes, and green hydrogen as a renewable energy source.
◉ The first-ever relationship between the UK and India for scientific “deep sea voyages” and “space parks” will also be launched by the two nations.
International News
7. Asia’s top borrower from the ADB is Pakistan.
◉ In 2022, Pakistan will receive the most funding for programs and projects from the Asian Development Bank (ADB).
◉ Out of a total payout of about USD 31.8 billion to 40 countries, Pakistan received loans of USD 5.58 billion, according to the ADB Annual Report 2022.
◉ Pakistan is experiencing a severe economic crisis and last year, Pakistan received USD 2.67 billion in concessional finance from the bank out of a total loan amount of USD 5.58 billion.
◉ However, Pakistan has avoided default by using these loans. These loans came with requirements, including Pakistan receiving loans from the IMF first, which had its own restrictions.
Banking
8. Arya. ag and Shivalik SFB collaborate to support small farmers
◉ To finance small farmers against warehouse receipts, Shivalik Small Finance Bank has joined with grain commerce platforms.
◉ Arya. ag will enhance its goal of promoting financial inclusion for farmers and Farmer Producer Organisations (FPOs) by offering loans through Shivalik Small Finance Bank under Warehouse Receipt Finance as a result of this business correspondent model relationship.
◉ Arya. ag collaborates with several financial institutions to provide loans to small and marginal farmers, especially women, who are not taken into account by conventional banks, in an effort to reduce the ecosystem’s lack of confidence.
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Awards
9. Maria Stepanova of Russia wins the Leipzig Book Prize in 2023.
◉ The famous Leipzig Book Prize for European Understanding will be given to Maria Stepanova in 2023. She is a prominent contemporary Russian author who is currently living in exile in Berlin.
◉ For her poetry collection “Madchen ohne Kleider” (Girls Without Clothes), she received recognition in Leipzig.
◉ One reviewer called it “a sensitive and highly poetic study of the power imbalance that fuels this oppression and the often hidden violence against the female body.”
◉ The award, which was established in 1994 to encourage European peace, was previously won by ◉ Masha Gessen, a journalist from Russia who now lives in the United States, for her book The Future Is History: How Totalitarianism Reclaimed Russia in 2019.
Sports
10. 2023’s Azerbaijan Grand Prix is won by Sergio Pérez
◉ The Azerbaijan Grand Prix, the fourth round of the 2023 Formula 1 World Championship in Baku, was won by Red Bull’s driver Sergio Perez.
◉ Charles Leclerc, who began in the pole position for the main race, ended in third place at the Formula 1 Azerbaijan GP 2023, finishing behind Max Verstappen in second place.
◉ After having trouble in qualifying, Fernando Alonso finished in fourth place, demonstrating excellent pace for Aston Martin.
◉ The Azerbaijan Grand Prix saw Mexican driver Perez become the first F1 driver to win two races.
Important day
11. International Labour Day is on May 1.
◉ The first Monday in May is recognized annually as International Labour Day or Worker’s Day.
◉ The purpose of the holiday is to emphasize the value of workers and their commitment to constructing society.
◉ Its roots can be found in the nineteenth-century labor union movement in the United States, more specifically in the eight-hour day campaign.
◉ While Oregon became the first state to pass a law on Labour Day on February 21, 1887, New York was the first state to introduce a bill recognizing it.
12. May 1 is Gujarat Day and Maharashtra Day.
◉ Maharashtra Day, also known as Maharashtra Diwas, is observed every year on May 1 to honor the day the western Indian state was founded in 1960.
◉ The state of Maharashtra was established on this day in 1960 after the Bombay State was divided into the linguistic states of Maharashtra and Gujarat.
◉ The Maratha Empire ruled over a large portion of the region from the 17th to the 19th century, giving Maharashtra a long and varied history.
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