Important Daily Current Affairs of 27th August 2021
In this article, we will discuss all the important current affairs of 27th August 2021 in detail.
National
1. The government is replacing the UAS Rules of 2021 with the liberalised Drone Rules of 2021.
- The Unmanned Aircraft Systems (UAS) Rules, 2021 have been repealed by the Ministry of Civil Aviation and replaced with the liberalised Drone Rules, 2021.
- The move was made because the previous UAS Rules 2021 were seen by academia, startups, end-users, and other stakeholders as being too restrictive, requiring a lot of paperwork, requiring approvals for every drone flight, and only a few “free to fly” green zones.
2. The government has approved a 30 percent increase in the Bank Employees Family Pension.
- The Indian Banks’ Association (IBA) proposed that the family pension be increased to 30% of the last wage drawn, which was approved by the Central Government.
- Following this, the family pension for bank employees would increase to Rs 30,000 to Rs 35,000 per family.
3. In Moscow, the India Pavilion was launched during the ‘ARMY-2021′ International Military and Technical Forum.
- From August 22 to 28, 2021, the International Military and Technical Forum ‘ARMY 2021′ will be held in Moscow, Russia, at Patriot Expo, Kubinka Air Base, and Alabino military training grounds.
- The Russian Federation’s Ministry of Defense has been hosting the forum since 2015.
4. NITI Aayog and Cisco have launched the “WEP Nxt” Women Entrepreneurship Platform.
- The NITI Aayog, in collaboration with Cisco, has launched the “WEP Nxt” phase of the Women Entrepreneurship Platform (WEP) to encourage women to start businesses in India.
- WEP, which was launched by NITI Aayog in 2017, is a first-of-its-kind, unified portal that connects women from all walks of life and provides them with a wealth of information, support, and learning opportunities.
5. Unmanned Aircraft Systems Rules 2021 are being replaced by the government.
- The Unmanned Aircraft Systems (UAS) Rules, 2021 have been repealed by the Ministry of Civil Aviation and replaced with the liberalised Drone Rules, 2021.
- The move was made because the previous UAS Rules 2021 were seen by academia, startups, end-users, and other stakeholders as being too restrictive, requiring a lot of paperwork, requiring approvals for every drone flight, and only a few “free to fly” green zones.
Banking & Finance News
6. The fourth edition of the Public Sector Bank Reforms Agenda is unveiled by the Finance Minister (EASE 4.0)
- Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs, has announced the fourth edition of the Public Sector Bank Reforms Agenda ‘EASE 4.0′ for 2021-22. “Technology-enabled, streamlined, and collaborative banking” is the main topic of EASE 4.0.
- Enhanced Access & Service Excellence (EASE) is an acronym that stands for “Enhanced Access & Service Excellence” (EASE).
7. The scope of permitted devices under Tokenisation has been expanded by the RBI – Card Transactions
- Authorized card payment networks were allowed to offer card tokenisation services to any token requestor (i.e., third-party app provider) over mobile phones and tablets in 2019.
- The RBI has now broadened the scope of tokenization to encompass consumer devices like as laptops, desktops, wearables (wrist watches, bands, and so on), Internet of Things (IoT) devices, and so on.
Business & Economy News
8. Beneficiaries of the PM SVANidhi Scheme are included in the PIDF Scheme by the RBI.
- The Reserve Bank of India has declared that street vendors in tier 1 and tier 2 cities who have been identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) will be eligible to receive payments from the Payments Infrastructure Development Fund (PIDF) Scheme.
- The RBI introduced the Payments Infrastructure Development Fund (PIDF) Scheme to stimulate the deployment of point-of-sale (PoS) infrastructure (both physical and digital) in tier 3 to tier 6 cities and north eastern states.
9. SBI is named the overall winner of the EASE Reforms Index Award 2021, which was declared by Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman.
- The EASE Reforms Index Award 2021 goes to the State Bank of India as the overall winner (EASE 3.0 Awards). Second is Bank of Baroda, and third is Union Bank of India.
Appointments News
10. The RBI has approved Hitendra Dave’s nomination as CEO of HSBC India.
- The Reserve Bank of India (RBI) has accepted Hitendra Dave’s nomination as HSBC India’s Chief Executive Officer (CEO).
- With effect from August 24, 2021, the RBI has granted the approval for a three-year period.
11. Ujjivan Small Finance Bank’s temporary CEO is Carol Furtado.
- Carol Furtado has been chosen temporary CEO of Ujjivan Small Finance Bank, following the resignation of CEO Nitin Chugh.
- She has also been named as the bank’s officer on special duty (OSD). Currently, Furtado is the CEO of Ujjivan Financial Services, the bank’s holding business.
Awards & Honours News
12. The EASE Reforms Index Award for 2021 has been announced.
- Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs, has introduced the EASE 3.0 Awards. The EASE Reforms Index Award 2021 goes to the State Bank of India as the overall winner (EASE 3.0 Awards).
- Second is Bank of Baroda, and third is Union Bank of India. The award for the best improvement from the baseline performance went to Indian Bank.
Books & Authors News
13. Former Union Minister K J Alphons presents PM Modi with his book “Accelerating India: 7 Years of Modi Government” Former Union Minister Shri K J Alphons presented Prime Minister Shri Narendra Modi with his book “Accelerating India: 7 Years of Modi Government” on August 26, 2021.
- Mr. Alphons has published a book that covers all aspects of India’s reform path.
Obituary News
14. Ted Dexter, a former England and Sussex captain, has died.
- Ted Dexter, a former England and Sussex captain, has died. Dexter, known as “Lord Ted,” was an aggressive batsman and part-time seam bowler who captained England from 1961 to 1964 after making his debut against New Zealand in 1958.
- After retiring, he assisted in the creation of a rating system for Test players and served as the head of England’s selectors. Dexter was also a newspaper columnist and a fixture on the BBC’s TV coverage of England’s home Test matches.
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