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Daily Current Affairs – 21 February 2022

This post contains the current affairs for 21 February 2022. These current affairs are important for banking exams, insurance exams and other competitive exams like IBPS PO and Clerk, SBI PO and Clerk, RBI Assistant and Grade B, etc. You can also attempt our Current Affairs Quiz after reading our daily current affairs.

National

Govt to launch ‘Meri Policy Mere Hath’ under PMFBY to deliver crop insurance policies to farmers at doorstep

Ministry of Agriculture & Farmers Welfare will launch ‘Meri Policy Mere Hath’ which is a doorstep distribution drive to deliver crop insurance policies to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY).
The campaign aims to ensure all farmers are aware with all information on their policies, land records, the process of claim and grievance redressal under PMFBY.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) has completed 6 years of its implementation. It was launched by PM Modi on 18th February 2016 at Sehore, Madhya Pradesh.

Government plans ‘Heal by India’ for positioning India as global source for health sector

The government of India will be promoting the ‘Heal by India’ initiative to improve India’s educational institutions in the health sector.
The Union Health Ministry recently organized a Chintan Shivir — ‘Heal by India’ for two days.
‘Heal by India’ initiative is meant to generate job opportunities abroad for India’s trained professionals in the health sector and enhance education to churn out quality human resources in health, thus helping them become eligible to work anywhere in the world.

Banking News

Bank of Baroda signs MoU with Assam Rifles to provide Central Forces Salary Package

Bank of Baroda has signed a Memorandum of Understanding (MoU) with Assam Rifles, the oldest paramilitary force, to provide the Baroda Central Forces Salary Package to all personnel of the Assam Rifles.
Bank of Baroda will also provide special benefits, including Personal Accident Insurance and a co-branded credit card to the personnel of Assam Rifles.

Govt of India, Karnataka and Odisha signs loan agreement of $115 million with World Bank for implementation of REWARD Project

The Government of India, the State Governments of Karnataka and Odisha have signed a loan agreement with the World Bank of total worth of $115 million (INR 869 crore) for Rejuvenating Watersheds for Agricultural Resilience through Innovative Development (REWARD) Programme.
The bifurcation of the loan amount of $115 million is given below:
- Government of Karnataka- $60 million (INR 453.5 crore)
- Government of Odisha- $49 million (INR 370 crore)
- Central Government- $6 million (INR 45.5 crore)
Terms of Loan: The loan has been provided by the International Bank for Reconstruction and Development (IBRD) arm of World Bank and has a maturity of 15 years, including a grace period of 4.5 years.

SEBI reconstitutes advisory committee on alternative investment policy; Chair-N R Narayana Murthy

The Securities and Exchange Board of India (SEBI) has reconstituted its alternative investment policy advisory committee.
The committee advises the capital markets regulator on a range of issues that impact further development of the AIF (Alternative Investment Fund) industry.
The reconstituted committee has 20 members. Infosys co-founder N R Narayana Murthy is the chair of this committee.
Earlier there were 22 members in the committee, which was constituted in March 2015 by Sebi .

International

France to withdraw military from Mali after nine years

French president, Emmanuel Macron has confirmed that France and its European partners will start the military withdrawal from Mali after more than nine years fighting a jihadist insurgency.
France first deployed troops against jihadists in Mali in 2013 under the Socialist president François Hollande. The decision has been taken due to a breakdown in France’s relations with the ruling junta government in the country.
The heart of this military operation will be shifted from Mali to Niger.

Appointment

Chetan Ghate appointed as director of Institute of Economic Growth

Chetan Ghate has been appointed as the new Director of The Institute of Economic Growth. He replaces Ajit Mishra.
Chetan Ghate is a former member of the Reserve Bank of India’s first monetary policy committee between 2016-2020.
The Institute of Economic Growth, is an autonomous body and civil service training institute under the Government of India and is located in New Delhi.

Books & Author

Book titled “Dignity in a Digital Age: Making Tech Work for All of Us” authored by Ro Khanna

A book titled ‘Dignity in a Digital Age: Making Tech Work for All of Us’ authored by Ro Khanna was released in February 2022. He is an Indian-American Congressman.
The foreword to the book has been written by eminent economist and Nobel Laureate Amartya Sen, who writes that the book offers a graceful picture of the coexistence of disparate ways of living, allowing justice and fairness.
The book has received accolades from various big business persons like Satya Nadella, Bill Clinton etc.

Book titled ‘A Nation To Protect’ authored by Priyam Gandhi Mody launched

The book titled “A Nation To Protect” authored by Priyam Gandhi Mody was launched by Union Health Minister Mansukh Mandaviya.
The book highlights the role of PM Narendra Modi during the Covid crisis in the past two years.

Days

International Mother Language Day: 21 February

The International Mother Language Day (IMLD) is observed annually on 21st of February.
The day aims to raise awareness regarding about linguistic and cultural diversity and to promote multilingualism.
The IMLD day was announced by UNESCO on 17 November 1999 and formally recognized by the United Nations General Assembly (UNGA) in 2002.
The 2022 theme is “Using technology for multilingual learning: Challenges and opportunities”.