28-10-21 Daily-Punjab-PPSC Current Affairs

Channi, delivering his keynote address on the Plenary Session of fourth Progressive Punjab Investors Summit-2021 at Indian School of Business, said that Punjab would live up to their expectations as Punjab is the best place to do business in India.

Expressing his gratitude to all the visionaries who joined virtually on the first day of two-days even with theme of Progressive Punjab A story of PARTNERSHIP, Delivery and Growth: Investors Reassured, the Chief Minister said that their valuable suggestions and input would help the to further fine tune the existing Industrial Policy by incorporating some requisite amendments to make it far more investor friendly.

Stating that he comes from a humble background, the Chief Minister said that he had gone through the grill of day-to-day challenges faced by a common man and has first-hand knowledge of their problems. I have also seen that aspiring young generation of Punjab which wants to do something big and I am committed to fulfill their dreams…But I am unable to do this without you…without your support, he said while terming the industrialist as wealth creators in the Society and a source of opportunities to cherish the aspirations of states youth.

Exhorting the tycoons of Industry, Channi said: You have the capital, you have the risk taking capacity and you have business ideas. I have the will, I have the intent, and I have the commitment. I give my commitment to you today that our Government will work with you at every step to see that nothing from the government hinders your speed or create hurdles in your business plans.

Power Minister RK Singh on 25 October launched the green day-ahead market (GDAM), In a bid to further deepen the electricity trade in India.

Highlights:

The launch will also present competitive price signals, besides offering an opportunity to the market participants to trade in green energy in the most transparent, flexible, competitive, and efficient manner.

The big industries can go green, and the Government would make efforts to simplify business, and GDAM is a step in that direction.

The Centre is working to implement the Green Hydrogen Mission.

The market-based competitive prices will provide another option to renewable generators to sell power and accelerate the renewable capacity.

The distribution utilities would also be able to sell surplus renewable power generated in their area.

Prime Minister Narendra Modi will attend the 18th ASEAN-India Summit Virtually on 28 October in Brunei.

Highlights:

Prime Minister Narendra Modi will review the status of the ASEAN-India Strategic PARTNERSHIP and assess progress made in critical areas including Covid-19 and Health, trade, Education and culture with his counterparts from ASEAN nations at the 18th ASEAN-India Summit.

According to an official statement released by the Ministry of External Affairs, the Summit will be attended by Heads of State/Government of the ten ASEAN countries.
Significant regional and international developments, including post-pandemic economic recovery, will also be discussed at the Summit.

Prime Minister Narendra Modi will virtually attend the 16th East Asia Summit held on 27 October.

Highlights:

The East Asia Summit is the premier Leaders-led conference in the Indo-Pacific.

Since its beginning in 2005, it has played a vital role in East Asia’s strategic and geopolitical evolution.

Apart from the 10 ASEAN Member states, East Asia Summit comprises India, China, Japan, Korea, Australia, New Zealand, the United States and Russia.

India has ranked 106th in the FIFA (Fdration Internationale de Football Association) Rankings 2021.

Highlights:

The Indian team position was raised to one spot after the SAFF – South Asian Football Federation Championship 2021 of team India led by Sunil Chhetri.

India has achieved the 106th position after beating Nepal in the summit clash.

FIFA Rankings:

Under the FIFA Rankings, Belgium is at 1st position. Brazil holds 2nd position, France holds 3rd position.

We find some of the most significant raisers on FIFA (Fdration Internationale de Football Association) Rankings 2021 edition.

ASIFA created the International Animation Day (IAD) in 2002, honouring the birth of animation.

The International Animation day is celebrated on the 28th october aiming to honor the art of animation.

Highlights:

China has enacted a national law on protection and exploitation of the countrys land border areas.

Highlights:

The new law has been enacted to maintain national security and manage border-related matters at the legal level amid regional tensions.

The new border law will come into effect from January 1, 2022. It mandates the Peoples Liberation Army (PLA) of China to counter any invasion, encroachment, infiltration, [or] provocation across the land borders of China.

The law also provides a legal framework for hard border closures, if needed.

The law requires the Chinese government to strengthen border DEFENCE, support economic & social development, and open up border areas.