23 October Current Affairs 2023 in English

23 October Current Affairs 2023

23 October 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 23 October 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 23 October 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. 23 October 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 23 October 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.

Global Media and Information Literacy Week 2023, 24-31 October

Global Media and Information Literacy Week 2023 will be celebrated from October 24 to 31, 2023. It is an annual event organized by UNESCO to raise awareness of the importance of media and information literacy (MIL) and to celebrate the progress made towards achieving MIL for all.

The theme for Global Media and Information Literacy Week 2023 is “Media and Information Literacy in Digital Spaces: A Collective Global Agenda”. In the “Our Common Agenda” report by the Secretary-General of the United Nations, world leaders made twelve commitments, with a focus on values like trust and solidarity, seen as crucial for social cohesion and positive societal advancements. Read the complete article here

Anubhav Awards 2023, Celebrating Pensioner Excellence

On October 23, 2023, the Department of Pension and Pensioners’ Welfare (DoPPW) is set to host the Anubhav Awards 2023 Ceremony in New Delhi. This event aims to honor outstanding contributions and achievements through write-ups, with Union Minister Dr. Jitendra Singh presenting the awards.

The Anubhav Portal, initiated in 2015, allows retiring and retired government employees to share their experiences and suggestions. This year’s Anubhav Outreach campaign resulted in a record 1,901 write-ups. Four Anubhav awards and nine Jury Certificates will be conferred, marking the highest participation since its inception. The Integrated Pensioners’ Portal will be launched for easy access to services, and a nationwide Digital Life Certificate campaign in November 2023 will simplify processes for Central Government pensioners, ensuring a smoother retirement experience. The DoPPW’s efforts reflect a commitment to improving pensioner services and celebrating excellence. Read the complete article here

UN Disarmament Week 2023, 24-30 October

UN Disarmament Week 2023 will be celebrated from October 24 to 30, 2023. It is an annual event organized by the United Nations Office for Disarmament Affairs (UNODA) to raise awareness of the importance of disarmament and to promote the elimination of nuclear weapons and other weapons of mass destruction.

In 2018, United Nations Secretary-General António Guterres unveiled a comprehensive vision for disarmament through the initiative “Securing our Common Future: An Agenda for Disarmament.” This agenda outlines a strategic approach to achieving sustainable peace and security for all, especially in light of the increasingly challenging international security landscape, emerging risks, and unmet commitments. Read the complete article here

United Nations Day (UN Day) 2023

United Nations Day (UN Day) is celebrated on October 24 each year to commemorate the anniversary of the entry into force in 1945 of the UN Charter. The UN Charter is the founding document of the United Nations and sets out the rights and responsibilities of member states, as well as the organization’s goals and objectives.

The idea of the UN was first proposed by Franklin D. Roosevelt, the President of the United States, in 1941. Roosevelt believed that a new international organization was needed to prevent future wars and to build a more peaceful and just world.

In 1945, representatives from 51 countries met in San Francisco, California, to draft the UN Charter. The Charter was signed on June 26, 1945, and the UN officially came into existence on October 24, 1945, when the Charter was ratified by the five permanent members of the UN Security Council (China, France, the Soviet Union, the United Kingdom, and the United States) and a majority of the other signatories. Read the complete article here

US Sanctions Chinese Firms in Missile Component Allegations

In a significant development, the United States has imposed sanctions on three Chinese companies for their alleged involvement in supplying missile components to Pakistan. These sanctions were issued under Executive Order 13382, which focuses on entities linked to the proliferation of weapons of mass destruction and their delivery systems.

The identified companies, including General Technology Limited, Beijing Luo Luo Technology Development, and Changzhou Utek Composite Company, have been accused of contributing to the proliferation of missile technology. These sanctions underscore the US commitment to nonproliferation efforts and the nation’s stance on addressing the spread of weapons of mass destruction. Additionally, they shed light on China’s role in Pakistan’s military modernization and Pakistan’s continuous efforts to enhance its missile capabilities. Read the complete article here

Piyush Goyal at Saudi Arabia’s 2023 Investment Summit

Indian Union Minister of Commerce and Industry, Sh. Piyush Goyal, is all set to attend the 7th Edition of the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. This event is significant for nurturing India’s partnership with Saudi Arabia and exploring fresh avenues for growth. Minister Goyal will meet influential Saudi Arabian leaders, participate in a conclave session on strategies for emerging economies, and engage with the Indian community and global business leaders.

Minister Goyal’s participation in the FII is expected to enhance the strategic partnership between India and Saudi Arabia, fostering cooperation across various sectors. This collaboration holds the potential to create new opportunities and strengthen the bonds between these two nations for a prosperous future. Read the complete article here

The Battle Against Tax Evasion: A Closer Look

Tax evasion is a growing global concern, as highlighted in the ‘Global Tax Evasion Report 2024’ by the European Union Tax Observatory. This report emphasizes the urgency of addressing the issue and makes a compelling proposal for a 2% global wealth tax on billionaires, while also discussing the successes and challenges in curbing tax evasion.

The report calls for a 2% global wealth tax on billionaires to tackle the problem of extremely low tax payments, some as low as 0% to 0.5% of their wealth. With billionaire wealth growing at an annual average of 7% since 1995, adjusted for inflation, this proposal aims to generate fairness and raise approximately $250 billion from fewer than 3,000 super-wealthy individuals. Additionally, the report examines the progress in reducing offshore tax evasion, challenges that still exist, and the need to expand information exchange to cover new asset classes. It also discusses concerns regarding the global minimum tax on multinational corporations and the emergence of tax competition targeting wealthy individuals, highlighting the impact these issues have on the global tax landscape. Read the complete article here

World Development Information Day 2023

World Development Information Day is celebrated annually on October 24 to raise awareness of development problems and the need to strengthen international cooperation to solve them. The theme for World Development Information Day 2023 is “Harnessing the Power of Information and Communication Technologies to Build a Better World.” This theme underscores the critical role of science and technology in achieving sustainable development and emphasizes the utilization of Information and Communication Technologies (ICT) for development purposes. Read the complete article here

Ashok Vaswani to Take Over as CEO of Kotak Mahindra Bank

Ashok Vaswani, a seasoned international banker, is set to become the Managing Director and Chief Executive Officer of Kotak Mahindra Bank following Uday Kotak’s departure. This transition emphasizes the bank’s commitment to an organized leadership succession process.

Uday Kotak’s strategic exit ensures continuity with him serving as a non-executive director. Ashok Vaswani, with a wealth of experience from Citigroup and Barclays, is well-equipped to lead the bank. His academic background in finance and commerce, combined with strong financial performance and RBI’s approval, positions Kotak Mahindra Bank for a promising future. Read the complete article here

Pradhan Mantri Anusuchit Jaati Abhuyday Yojana (PM AJAY)

The Pradhan Mantri Anusuchit Jaati Abhuyday Yojana (PM AJAY) is a consolidated scheme that emerged from the merger of three centrally sponsored schemes. These schemes include the Pradhan Mantri Adarsh Gram Yojana (PMAGY), the Special Central Assistance to Scheduled Castes Sub Plan (SCA to SCSP), and the Babu Jagjivan Ram Chhatrawas Yojana (BJRCY). PM AJAY has been in operation since the fiscal year 2021-22. Read the complete article here