top of page
Writer's pictureCLAT FOCUS CA Team

Important Current Affairs for CLAT-4th March 2023

National Security Day 2023 observed on 04th March

India celebrates National Security Day on March 4 every year. Rashtriya Suraksha Diwas is another name for it, and it is a holiday honouring the Indian Security Forces.

National Security Day 2023

India celebrates National Security Day on March 4 every year. Rashtriya Suraksha Diwas is another name for it, and it is a holiday honouring the Indian Security Forces. The purpose of the National Security Day is to express gratitude to our nation’s security forces, which include the police, paramilitary units, guards, commandos, army officers, and other units involved in preserving the safety and security of our citizens. They spread awareness about numerous tragedies and issues that Indian leaders and individuals need to be informed about. They hope to educate people about many topics during the week-long event and try to improve the lives of their inhabitants.

National Security Day 2023: Theme

The National Safety Council of India announced the theme for this year to be ‘Nurture young minds – Develop safety culture’. The NSC announces a new theme for the year to celebrate the week-long celebration.

Objectives of National Security Day

Prioritise safety and health in work and general lifestyle

Spread the SHE movement

Inspire many to promote safety in the workplace

Gain involvement of major players of various industrial sectors

Ensure a higher rate of employees’ participation

National Security Day: History

The idea of National Security Day or National Safety Day was launched in 1972 and is organised every year. The NSC or the National Safety Council takes responsibility for managing the event every year. The Safety Council was founded by the Ministry of Labour on March 4, 1966, to develop sustainable Safety, Health and Environment movement.

Union Health and Family Welfare Ministry gets Porter Prize 2023 in managing COVID-19

Porter Prize 2023: Union Health and Family Welfare Ministry has received the Porter Prize 2023.

Porter Prize 2023

Union Health and Family Welfare Ministry has received the Porter Prize 2023. It recognized the government’s strategy in managing COVID-19, also the approach, and involvement of various stakeholders especially involvement of ASHA workers in the industry to create PPE Kits. The prize was announced during The India Dialog at Stanford University. The country’s contribution in developing and manufacturing vaccines was also lauded.

The theme of the two-day conference was The Indian Economy 2023: Innovation, Competitiveness and Social Progress.

About the Porter Prize

Porter Prize is named after US citizen Michael E Porter, an economist, researcher, author, advisor, speaker and teacher. He has brought economic theory and strategy concepts to bear on many of the most challenging problems faced by corporations, economies and societies, including market competition and company strategy, economic development, the environment and healthcare. He is also the most cited scholar today in economics and business.

About The India Dialog Conference

The conference had series of keynote addresses and panel discussions on themes of Innovation, Competitiveness and Social Progress. The participants gained an outlook into the future for India and the challenges to its continued progress. Intellectuals and domain experts in the field of economics, business, policy-making, and social development were present to provide their up-to-date perspectives into the state of the India economy in 2023.

Tata Steel Mining signs MoU with GAIL to get clean fuel

Tata Steel Mining Limited has signed a memorandum of understanding with GAIL (India) Limited for supply of natural gas to its ferro alloys plant at Athgarh in Odisha’s Cuttack district.

In order to reduce carbon footprint in its operations, Tata Steel Mining Limited has signed a memorandum of understanding with GAIL (India) Limited for supply of natural gas to its ferro alloys plant at Athgarh in Odisha’s Cuttack district. According to the MoU, GAIL will supply the agreed quantity of natural gas through its pipeline from Gujarat to Athgarh.

Significance of The MoU Between Tata Steel Mining with GAIL:

The project will lower green house gas emission by 968 tons, it said. Furnace oil emits more carbon dioxide, nitrogen oxides and sulphur oxides than natural gas does. Natural gas emits 27% less carbon dioxide and has lower levels of other pollutants.

Tata Steel Mining Aims to protect environment:

Signing the MoU, Tata Steel Mining MD Pankaj Satija said, “As a responsible mining company, we are committed to protect the environment by using cleaner fuels and signing of the MoU with GAIL (India) Limited will further help us in this direction.

IAF Participated in Exercise Shinyuu Maitri with Japan Air Self Defense Force

The Indian Air Force participated in Exercise Shinyuu Maitri with the Japan Air Self-Defence Force. The Exercise was organized on the sidelines of the Indo-Japan Joint Army Exercise

The Indian Air Force (IAF) participated in Exercise Shinyuu Maitri with the Japan Air Self-Defence Force (JASDF). The Exercise Shinyuu Maitri is being organized on the sidelines of the Indo-Japan Joint Army Exercise, Dharma Guardian, which was conducted from 13 February 2023 to 02 March 2023 at Komatsu, Japan.

IAF Participated in Exercise Shinyuu Maitri with Japan Air Self-Defense Force – Key Points

The Indian Air Force is participating in Exercise Shinyuu Maitri 23 with one C-17 Globemaster III aircraft.

The Exercise has been conducted on the 1st and 2nd of March 2023. The first phase of the exercise consists of discussions on transport operations and tactical maneuvering, followed by the second phase of flying drills by IAF’s C-17 and JASDF C-2 transport aircraft.

The exercise provided an opportunity for the respective subject matter experts to interact and study each other’s operational philosophies and best practices.

The exercise also enhanced mutual understanding and interoperability between the IAF and the JASDF.

Exercise Shinyuu Maitri 23 is yet another step in the expanding defense cooperation between the two countries; as well as for the IAF to operate in diverse environments across the globe.

The exercise is being conducted at a time when the IAF’s heavy lift transport aircraft fleet is also taking part in Exercise Desert Flag VIII in UAE and Exercise Cobra Warrior in the UK.

India and Australia sign a framework mechanism for mutual recognition of qualifications

India and Australia signed a Framework Mechanism for Mutual Recognition of Qualifications that will help ease the mobility of students and professionals between the two countries.

India and Australia signed a Framework Mechanism for Mutual Recognition of Qualifications that will help ease the mobility of students and professionals between the two countries. While the two countries will recognise the degrees, professional registrations of engineering, medicine and law pass-outs will remain outside the framework’s ambit.

More About The India-Australia Agreement:

The agreement was signed following a bilateral meeting here between Union Education Minister Dharmendra Pradhan and his Australian counterpart Jason Clare, who is on a five-day visit to India.

A delegation led by Clare also visited the University Grants Commission (UGC) here, along with a 30-member team consisting of vice-chancellors of more than 10 Australian Universities and other higher education officials.

The Extent of This Cooperation:

At least 11 institutional-level memorandums were also exchanged between India and Australia’s university sectors, which will promote research and academic collaborations between the two countries in several key sectors.

The Australian government will also be contributing 1.89 million dollars for running skill development programmes in India in the area of agriculture which is a critical sector for the country.

Australia and India: knowledge a key aspect of the bilateral relationship:

“Australia and India are aligned to making the knowledge pillar a key aspect of the bilateral relationship. Both the countries agreed to create new frameworks of partnership to take our bilateral relations to new heights,” Pradhan said at a joint press conference.

“The developments today will create more opportunities for two-way mobility of students and professionals for the purpose of education and employment, and pave the way for making education the biggest enabler in taking India-Australia bilateral relationship to greater heights and realise shared aspirations,” he added.

About Australia India Education Council (AIEC):

The AIEC is a bi-national body chaired by the Education Ministers of India and Australia to expand collaboration in education, training and research.

The AIEC is a ‘working council’ of representatives from government, academia and industry. 

The AIEC provides a forum for members to collaborate with Ministers in deciding major bilateral education priorities for the coming year.

The inaugural meeting of the AIEC was held in New Delhi in August 2011.

Australian Education International (AEI) is the international arm of the Australian Government Department of Industry, Innovation, Science, Research and Tertiary Education.

Australia-India Strategic Knowledge Partnership: Australia third most popular education destination:

Following the United States and the United Kingdom, Australia is the third most popular education destination for international students.

Over 52,000 Indian students are now enrolled in educational programmes in Australia.

The top programmes that draw students from around the world are computer science, engineering, business management, social sciences, mathematics, and health professions.

Around 66,000 Indian students have applied for higher education in Australia from India until March 2022.

President Murmu inaugurates 7th International Dharma Dhamma Conference

President Droupadi Murmu inaugurated the Seventh International Dharma Dhamma Conference, organised by the India Foundation in collaboration with the Sanchi University of Buddhist-Indic Studies.

President Droupadi Murmu inaugurated the 7th International Dharma Dhamma Conference 2023 in Bhopal, Madhya Pradesh. Over 15 countries will participate in the three-day conference.

Theme of The 7th International Dharma Dhamma Conference:

The 7th edition of the conference has a theme of “Eastern Humanism for the New Era” and has been planned in collaboration with Sanchi University of Buddhist-Indic Studies, whose vice chancellor Dr Neerja Gupta also joined President Murmu.

India Foundation: Organiser of The 7th International Dharma Dhamma Conference:

The India Foundation, which has organised this conference, defines the Dharma Dhamma traditions of Hinduism and Buddhism as an approach to environment, holistic healthcare, human-centric development and human dignity.

India Foundation is a New Delhi-based independent think-tank that focuses on issues, challenges and opportunities of Indian polity.

Aim of The 7th International Dharma Dhamma Conference:

The conference aims to bring together religious, political and thought leaders from Dharma Dhamma traditions to ponder over building a philosophical framework for the emerging new world order.

Participants of The 7th International Dharma Dhamma Conference:

Representatives from Bali, Indonesia, Thailand, Nepal, Sri Lanka and the Royal Government of Bhutan are amongst the international delegates and speakers invited to Madhya Pradesh to the 7th edition of the Dharma Dhamma Conference.

About The first International Dharma-Dhamma Conference:

The first International Dharma-Dhamma Conference was organized on September 22-23, 2012, at Sanchi University (Madhya Pradesh). At the same time, the 6th International Dharma-Dhamma Conference was organized on November 7-9, 2021, at Nalanda University located in Rajgir, Nalanda district of Bihar.

Mumbai Ranks at 37th Place Globally in Price Growth in Luxury Housing

Mumbai's jumped to rank 37 from 92 in a global list of movement in prices of luxury homes as the city saw a gain of 6.4 percent during the 2022 calendar year.

Mumbai’s jumped to rank 37 from 92 in a global list of movement in prices of luxury homes as the city saw a gain of 6.4 percent during the 2022 calendar year. Property consultant Knight Frank virtually released ‘The Wealth Report 2023’ in which Mumbai has ranked 37th.

Knight Frank Report states that the value of the Prime International Residential Index (PIRI 100) which tracks the movement in luxury house prices across the world increased by 5.2 percent YoY (year-on-year) in 2022.

Mumbai Ranks at 37th Place Globally in Price Growth in Luxury Housing- Key Points

Through the report, the consultant has analyzed prime property price performances in 100 cities, and sun and ski locations globally. Out of 100, 85 locations recorded positive or flat price growth in 2022.

Mumbai’s prime property market has witnessed a price appreciation of 6.4 percent globally which moves up the city to 37th position on the PIRI 100 in 2022 as opposed to 92nd in 2021.

Prime properties in Mumbai are expected to witness an appreciation of 3 percent in 2023.

In Bengaluru, prime property prices rose 3 percent, helping the city improve its rank to 63rd in 2022 from 91st in 2021.

Delhi’s prime property market saw an appreciation by 1.2 percent which moved up the ranking to 77th from 93rd in 2021.

As per the report, the prime residential prices in Dubai rose 44.2 percent in 2022, maintaining its position at the top of Knight Frank’s PIRI 100 and cementing its status as a global hub for ultra-high-net-worth individuals (UHNWIs), assisted by numerous visa incentives.

Aspen ranks 2nd with 27.6 percent growth in prices, followed by Riyadh (25 percent), Tokyo (22.8 percent), Miami (21.6 percent), Prague (16.3 percent), Algarve (15.3 percent), Bahamas (15 percent), Athens 13 percent and Porto (12.7 percent).

Monaco continues its reign as the world’s most expensive city where USD 1 million can get you 17 square meters of space, followed by Hong Kong (21 square meters) and New York (33 square meters) in 2022.

Mumbai ranked second amongst APAC markets, after Tokyo, with a 6.4 percent YoY rise in values even as other regional markets saw declining values.

Comments


bottom of page