1 September Current Affairs 2023 in English

1 September Current Affairs 2023

1 September Current Affairs 2023 refers to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 1 September Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 1 September Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities. 1 September Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 1 September Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

Jaya Verma Sinha Becomes First Female Chairperson of Indian Railway Board

The Indian government’s groundbreaking decision appoints Jaya Verma Sinha as the inaugural female Chairperson of the Railway Board, the supreme decision-making body governing the Ministry of Railways. This historic milestone underscores Ms. Sinha’s role as the first woman to lead the Railway Board in its 118-year history, a significant achievement since its establishment in 1905. Taking up her new position on or after September 1, Ms. Sinha, previously the Member (Operations and Business Development), played a vital role in managing the aftermath of the tragic Balasore accident, which claimed 291 lives. Her tenure is set to continue until August 31, 2024.

Originally slated for retirement on October 1, Ms. Sinha’s retirement plans have been postponed, allowing her to continue her role until the culmination of her tenure. Her distinguished career includes achievements such as her association with Allahabad University and her service within the Indian Railway Traffic Service, spanning various divisions like the Northern Railway, South Eastern Railway, and Eastern Railway. Her contributions extended to the Centre for Railway Electrification (CORE), and she served as Railway Advisor at the High Commission of India in Dhaka, Bangladesh, during which she inaugurated the Maitree Express connecting Kolkata and Dhaka. Moreover, Ms. Sinha held the position of Divisional Railway Manager, Eastern Railway, Sealdah Division, further enriching her impact within the railway sector. Read the complete article here

65th Ramon Magsaysay Award 2023 Winners

The Ramon Magsaysay Award, often hailed as the ‘Nobel Prize of Asia,’ holds a prestigious position symbolizing exceptional spirit and impactful leadership. This year, in the 65th edition of the ceremony, four distinguished individuals from Asia were bestowed with the Ramon Magsaysay Award, placing them in the esteemed company of past laureates such as Sir Fazle Hasan Abed, Mother Teresa, Dalai Lama, and Satyajit Ray.

The awardees are Korvi Rakshand from Bangladesh, Eugenio Lemos from Timor-Leste, Miriam Coronel-Ferrer from the Philippines, and Dr Ravi Kannan R. from India. The award encompasses a certificate, a medallion featuring the likeness of the late President, and a monetary prize of $50,000. Read the complete article here

Government Explores “One Nation, One Election”

The Indian government’s recent announcement of a special Parliament session, scheduled for September 18 to 22, has ignited curiosity due to its undisclosed agenda. This development coincides with reports of a committee formation, headed by former President Ram Nath Kovind, tasked with delving into the “one nation, one election” concept. This idea, championed by Prime Minister Narendra Modi, seeks to synchronize Lok Sabha (national) and state assembly elections. The government’s commitment to exploring this concept gains prominence as multiple elections loom on the horizon.

Former President Ram Nath Kovind, a proponent of the “one nation, one election” concept since his presidency in 2017, will helm the committee. Kovind emphasizes the challenges posed by frequent elections, including the strain on human resources and disruptions to the development process due to election-related regulations. As the Modi government approaches the conclusion of its second term, there is a growing sense of urgency to decisively address this matter after years of discussion and debate. Read the complete article here

Indian Economy Remains Resilient with 7.8% Growth in Q1 of FY 2023-24

India’s economy demonstrated resilience in the first quarter of the fiscal year 2023-24, with a GDP growth rate of 7.8 percent. This growth marks an improvement from the 6.1 percent growth observed in the previous quarter of fiscal year 2022-23 (January-March).

The National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation, has released the GDP estimates for the first quarter (April-June) of the fiscal year 2023-24. These estimates include GDP figures at both Constant (2011-12) and Current Prices. Read the complete article here

India’s First Indigenous Nuclear Power Plant Starts Operations at Full Capacity

Prime Minister Shri Narendra Modi has praised scientists and engineers for reaching a significant achievement. The largest 700 MW Kakrapar Nuclear Power Plant Unit-3 in Gujarat, which is made in India, is now operating at its full 700 MW capacity. This accomplishment is a crucial step in India’s journey toward self-reliance in energy and demonstrates the country’s dedication to using its own nuclear technology.

Additionally, the government has given approval for the construction of 10 indigenously developed PHWRs in fleet mode at four different locations – Gorakhpur in Haryana, Chutka in Madhya Pradesh, Mahi Banswara in Rajasthan, and Kaiga in Karnataka. Read the complete article here

Viacom 18 Wins Competitive Indian Cricket Media Rights Auction

In a fiercely competitive auction on August 31, 2023, Viacom 18, a media entity under Reliance, emerged victorious in acquiring India’s domestic cricket media rights, including BCCI-hosted domestic tournaments, for the next five years. This strategic move complements Viacom 18’s existing digital rights for the Indian Premier League (IPL) and FIFA World Cup rights for India, strengthening its cricket portfolio significantly.

The auction witnessed intense competition as Viacom 18 faced off against industry giants Sony Sports Network and Star Sports. Viacom 18 secured digital rights for around Rs 3,101 crore and TV rights for about Rs 2,862 crore, resulting in a combined deal valued at approximately Rs 5,963 crore for 88 matches scheduled between 2023 and 2028. This acquisition significantly expands Viacom 18’s cricket portfolio, although it excludes IPL linear (TV) rights and ICC events. The media rights will become effective during India’s three-match home series against Australia, starting on September 22, 2023, and will remain in force until March 31, 2028.

BCCI secretary Jay Shah congratulated Viacom 18, highlighting the continued growth of India Cricket across both linear (TV) and digital platforms. Despite a higher per-match value, BCCI will receive Rs 175 crore less than the previous cycle’s Rs 6,138 crore, attributed to the declining popularity of ODI format matches. T20 matches continue to be the primary revenue drivers, while Test matches and series against England and Australia attract more advertising revenue. Industry experts emphasize the challenges in monetizing Test matches, suggest considering viewer fatigue from numerous T20 leagues worldwide, and propose reevaluating the viability of one-day bilateral series in non-World Cup years due to limited revenue potential. Read the complete article here

Combined Index of Eight Core Industries Increases by 8% in July 2023

In July 2023, the Composite Index of Eight Core Industries (ICI) showed substantial growth, rising by 8.0% (provisional) when compared to the index of July 2022. Notably, the production of key sectors like Coal, Steel, Natural Gas, Cement, Electricity, Refinery Products, Fertilizers, and Crude Oil saw an increase in July 2023 compared to the same month in the previous year.

In regard to the growth rates, the final growth rate for the Index of Eight Core Industries in April 2023 has been revised to 4.6 percent, an increase from the provisional level of 3.5 percent. Looking at the cumulative growth rate of ICI from April to July 2023-24, it stands at 6.4 percent (provisional), when compared to the same period in the previous year. Read the complete article here

NTPC and Oil India Join Forces for Renewable Energy

In a momentous partnership, NTPC Limited, India’s largest integrated power utility corporation, and Oil India Limited, the nation’s second-largest oil and gas company, have united their strengths to drive renewable energy initiatives. This significant alliance, solidified through the signing of a Memorandum of Understanding (MoU) on August 31, 2023, represents a significant stride towards sustainable energy solutions and the reduction of carbon emissions.

The MoU inked between Oil India and NTPC opens doors for exploration and collaboration in various facets of renewable energy, including green hydrogen and its derivatives. Moreover, these two Maharatna giants are poised to engage in decarbonization initiatives, encompassing the utilization of geothermal energy. This strategic partnership will also foster the exchange of knowledge and expertise in emerging decarbonization technologies, such as carbon sequestration.

Through this MoU, NTPC and Oil India share a mission to expand their presence within the renewable energy sector, aligning their efforts with India’s ambitious target of achieving Net Zero emissions by 2070. This momentous agreement, signed in New Delhi, witnessed the esteemed presence of key leaders, including NTPC’s CMD, Shri Gurdeep Singh, and Oil India’s CMD, Dr. Ranjit Rath, alongside their respective functional directors. NTPC, with a robust installed capacity of 73,024 MW across the power sector value chain, has set a commendable goal of reaching 60 GW of renewable energy capacity by 2032. The company remains unwavering in its commitment to becoming a major player in Green Hydrogen Technology and Energy Storage sectors. NTPC actively champions a range of decarbonization initiatives, encompassing hydrogen blending, carbon capture, fuel cells, and environmentally friendly transportation solutions, such as hydrogen-powered buses. The partnership between NTPC and Oil India underscores their steadfast dedication to ushering in a sustainable and environmentally conscious era for India’s energy landscape. Read the complete article here

J&K’s Bhaderwah Rajma and Ramban Sulai Honey Get GI Tag

In a noteworthy development for the region, Bhaderwah Rajmash and Sulai honey, which originates from the scenic districts of Doda and Ramban in Jammu and Kashmir, have received the prestigious GI Tag. These tags underscore the distinctive features and attributes of these regional delicacies, paving the way for their global promotion and acknowledgment.

The GI tag grants exclusive usage rights to authorized users while safeguarding against unauthorized exploitation. This recognition is anticipated to boost exports, enhance international brand recognition, and deter misuse. Read the complete article here