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UBS Securities projects India’s GDP to contract by 8.6% in FY21

GDP
  • UBS Securities has projected India’s GDP  for 2020-21 (FY21) to contact by 8.6%.
  • For FY22, UBS Securities projects India’s GDP to grow by 10%.

Mizoram ‘happiest’ state as per ‘India Happiness Report 2020’

woman
  • Mizoram has been ranked first in the India Happiness Report 2020 which is India’s first Happiness Report covering all states and Union Territories measuring happiness across the country.
  • In the overall ranking, Mizoram is first, Punjab is second while Andaman & Nicobar Island is third.

IBSA Foreign Ministers’ Virtual Meeting

IBSA
  • External Affairs Minister of the Republic of India, Shri S. Jaishankar, chaired the customary meeting of IBSA Foreign Ministers through video conferencing. During the meet, India, Brazil and South Africa emphasized the need for the international community to redouble efforts to achieve tangible progress for accelerated and comprehensive reform of the UN Security Council.

Environment Ministerial Meeting of G20 held

Virtual G20 Leaders’ Summit to prepare an action plan against COVID-19
  • The Environment Ministerial Meeting (EMM) of the G20 countries was held through video conferencing under the Presidency of the Kingdom of Saudi Arabia. Union Environment, Climate Change and Forest Minister Shri Prakash Javadekar represented India in the meeting.

Veteran scholar of Indian classical dance Kapila Vatsyayan passes away

Kapila Vatsyayan
  • Veteran scholar of Indian classical dance, art, architecture and art history, Dr Kapila Vatsyayan passed away. She was the founding Director of the Indira Gandhi National Centre for the Arts. She was the former Member of Parliament and had served as Education Secretary.

18th September observed on World Water Monitoring Day

World Water Monitoring Day
  • Every year 18th September is observed on World Water Monitoring Day globally with an aim to aware and involve people in water monitoring and protecting water resources. Theme for this year is ‘Solve Water.’

World Bamboo Day observed on 18th September

World Bamboo Day
  • This year 2020 observed the 11th edition of World Bamboo Day on 18th September with an aim to aware people of bamboo globally. The theme for 2020 is ‘BAMBOO NOW.’

PM Modi to inaugurate Kosi Rail mega-bridge in Bihar

Kosi Rail mega-bridge
  • Prime Minister Narendra Modi will dedicate the historic Kosi Rail Mahasetu (mega bridge) to the nation through video-conference. He will also inaugurate 12 rail projects related to passenger facilities to benefit the people of Bihar.

New subsidy scheme for Electric Vehicles launched by Gujarat

Electric Vehicles
  • For the promotion of electric vehicles in the state, The Gujarat government has launched a new scheme under which it will be offering a subsidy to buyers. Under the scheme, the students will get a subsidy of Rs 12,000 to buy e-vehicles.

World’s first sovereign bond issued by Mexico

Mexico
  • World’s first sovereign bond issued by Mexico. Mexico has become the first country in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations.

Global Smart City Index 2020

Global Smart City Index 2020
  • The Institute for Management Development (IMD) and Singapore University for Technology and Design (SUTD) has jointly released the 2020 Smart City Index. 
  • Indian City, Hyderabad was placed at the 85th Position, New Delhi was placed at 86th Rank, Mumbai was ranked at 93rd Place and Bengaluru was at 95th Position.
  • The Index was topped by Singapore, followed by Helsinki and Zurich in the second and the third place respectively.

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