7 August Current Affairs 2023
7 August 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 7 August 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 7 August 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. 7 August 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 7 August 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.
PM Modi Unveils Plans for Redevelopment of 508 Railway Stations
In a historic and groundbreaking move, Prime Minister Shri Narendra Modi initiated the Amrit Bharat Station Scheme, launching the redevelopment of 508 railway stations across India. With a budget of over Rs 24,470 crores, this ambitious project marks the dawn of a new era in the nation’s rail infrastructure. The transformative scheme, unveiled through video conferencing, reflects India’s commitment to modernity and sustainable development, aimed at breathing new life into railway stations spread across 27 states and union territories.
Under PM Modi’s visionary leadership, the Amrit Bharat Station Scheme seeks to revitalize and transform 1309 railway stations throughout the country, providing world-class amenities for millions of passengers. The project envisions railway stations as vibrant city centers, interconnected with urban landscapes, optimizing traffic flow and integration with other modes of transport. Striking a balance between modernity and heritage, the redevelopment will showcase local culture and architecture, fostering a sense of pride among travelers and promoting economic growth by attracting tourists and empowering local industries. Emphasizing sustainability, the scheme aims to achieve 100 percent rail line electrification and produce green energy from every station, driving India towards a greener and prosperous future. Read the complete article here
President of India Inaugurates ‘Festival of Libraries’
On August 5, 2023, the President of India, Smt Droupadi Murmu, inaugurated the ‘Festival of Libraries’ in New Delhi. The Ministry of Culture is hosting this festival with the goal of fostering the growth and digitization of libraries and nurturing a reading culture.
The ‘Festival of Libraries 2023’ is a remarkable initiative that underscores the pivotal role of libraries as bastions of knowledge and enlightenment. By promoting a reading culture and enhancing library infrastructure, India takes a significant stride towards becoming a global leader in the realm of knowledge and wisdom. Read the complete article here
Govt Bans Ketoprofen and Aceclofenac to Save Vultures
As per a notification released by the Union Ministry of Health and Family Welfare on July 31, 2023, the manufacturing, selling, and distribution of ‘ketoprofen’ and ‘aceclofenac’, which are harmful to vultures, along with their preparations, for use in animals are forbidden under section 26A of the Drugs and Cosmetics Act, 1940 (23 of 40).
These drugs, known as non-steroidal anti-inflammatory drugs (NSAIDs), are commonly used to alleviate pain and decrease inflammation in both humans and animals. However, these substances pose a threat to vultures and other types of birds of prey when they consume the remains of animals treated with these drugs. Read the complete article here
Chandrayaan-3 Achieves Lunar Orbit: Paving the Way for Lunar Exploration
Chandrayaan-3, India’s lunar mission, has achieved a groundbreaking milestone by flawlessly entering the lunar orbit after a twenty-three-day journey. This accomplishment bolsters India’s ambition to become the first country to execute a soft moon landing. This article highlights Chandrayaan-3’s recent achievements and its significant journey.
- Embarking on the Lunar Odyssey Just twenty-three days ago, Chandrayaan-3 embarked on its voyage from Earth to the Moon, adjusting its trajectory over the last five days to approach the lunar body. Precise maneuvers facilitated its smooth entry into the lunar orbit, setting the stage for further exploration.
- Triumphant Lunar Orbit Entry and Future Endeavors A remarkable achievement unfolded as Chandrayaan-3 gracefully entered the lunar orbit, symbolizing a pivotal phase in its mission. Positioned in an elliptical orbit, its current distance from the moon ranges from 164 km at its nearest to 18,074 km at its farthest. Planned altitude reduction maneuvers will gradually guide it to a circular orbit at an altitude of 100 km x 100 km above the moon’s surface, showcasing India’s meticulous lunar exploration strategy. Read the complete article here
National Handloom Day 2023 Observed on 7th August
Every year on August 7th, India observes National Handloom Day as a special tribute to the skilled handloom weavers and their vital contribution to both the economy and cultural heritage of the nation. This day serves as a reminder of the enduring significance of the handloom industry in our history and offers empowerment to those engaged in this craft. With a considerable number of women weavers in this sector, the occasion also serves as a significant platform to show our admiration and encouragement for their work.
The chosen theme for the 2023 National Handloom Day is “Handlooms for Sustainable Fashion.” This theme underscores the importance of handloom weaving as an eco-friendly and sustainable alternative to machine-produced fabrics. It highlights how handlooms contribute to a more environmentally conscious and responsible approach to fashion. Read the complete article here
Honoring Neeraj Chopra’s Historic Triumph: National Javelin Day
National Javelin Day in India, celebrated on August 7th, commemorates Neeraj Chopra’s exceptional achievements in athletics. Designated by the Athletics Federation of India, this day marks his historic performance during the 2021 Tokyo Olympics, where he threw a javelin an impressive 87.58 meters, winning a gold medal and leaving an enduring mark in Indian sports history. His dedication, rigorous training, and unwavering spirit have elevated him to the status of a sports icon. Neeraj Chopra’s subsequent successes, including a silver medal at the World Athletics Championships and a victory at the Diamond League Final, further solidify his position as an inspirational figure. National Javelin Day pays tribute to Chopra’s remarkable journey, serving as a reminder that greatness is attainable through hard work and determination. His legacy continues to motivate aspiring athletes nationwide, highlighting the boundless potential of dedication and passion in the realm of athletics. Read the complete article here
Bihar’s Rhino Task Force: Aiming for Rhino Conservation in Valmiki Tiger Reserve
Bihar is making waves in the realm of wildlife conservation with the formation of the ‘Rhino Task Force.’ This dedicated initiative aims to breathe new life into the rhino populations of the Valmiki Tiger Reserve (VTR) in the West Champaran district. By focusing on the revival of rhinos and their reintroduction into the reserve, Bihar showcases its commitment to preserving biodiversity and fostering a sustainable ecosystem.
Strategic Approach to Rhino Reintroduction
The Valmiki Tiger Reserve has been identified as a potential site for the National Rhino Conservation Scheme, allowing rhinos from various reserves across the nation to find a new home in VTR. With insights from a committee established two years ago to assess habitat conditions and security, the ‘Rhino Task Force’ has emerged as Bihar’s proactive response. The task force’s primary objective is to implement an effective reintroduction plan, including expanding rhino habitats within VTR by 5% over two years. By strategically relocating rhinos to dedicated zones, such as Ganauli and Madanpur, the task force aims to create an environment conducive to breeding and population growth. This approach not only underlines Bihar’s dedication to conservation but also sets a precedent for responsible wildlife management.
The establishment of the ‘Rhino Task Force’ signifies Bihar’s resolute commitment to reinvigorating rhino populations within the Valmiki Tiger Reserve. This endeavor echoes the state’s broader dedication to ecological preservation and responsible environmental stewardship. Through thoughtful conservation strategies and habitat restoration, Bihar emerges as a beacon of proactive biodiversity protection, setting the stage for a harmonious coexistence between the natural world and human society. Read the complete article here
BIS Signs MoU with 35 Prestigious Institutions
The Bureau of Indian Standards (BIS), India’s National Standards Body, has entered into Memorandum of Understandings (MoUs) with 35 esteemed institutions spanning the nation. These collaborations are aimed at promoting cooperation in standardization and conformity assessment. The roster of institutions includes notable NITs, both Government and Private Engineering colleges, hailing from various states across the country.
The Bureau of Indian Standards (BIS) is a legally established organization operating under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India. BIS carries out several initiatives including Product Certification (recognized by the ISI mark), Certification of Management Systems, Hall Marking for Gold and Silver Jewelry/Artifacts, and Laboratory Services. These endeavors are geared towards supporting and enhancing the industry’s operations, while also prioritizing the protection and welfare of consumers. Read the complete article here
Iraq Eliminates Trachoma as a Public Health Problem
The World Health Organization (WHO) commends Iraq for successfully eliminating trachoma as a public health concern, becoming the fifth country in the WHO’s Eastern Mediterranean Region to achieve this significant accomplishment.
Globally, Iraq has joined the ranks of 17 other nations that the World Health Organization (WHO) has officially recognized for successfully eliminating trachoma as a public health concern. These countries include Benin, Cambodia, China, Gambia, Ghana, the Islamic Republic of Iran, Lao People’s Democratic Republic, Malawi, Mali, Mexico, Morocco, Myanmar, Nepal, Oman, Saudi Arabia, Togo, and Vanuatu. Read the complete article here
CEO Compensation Trends in Indian Banking: FY23 Insights
In the fiscal year 2023, the Indian banking sector witnessed a significant transformation in CEO compensation, with Sashidhar Jagdishan, the CEO of HDFC Bank, emerging as the top-earning bank executive. His remarkable package of Rs. 10.55 crore serves as a testament to his outstanding contributions and leadership. Taking the reins as HDFC Bank’s CEO in late 2020, Jagdishan’s dynamic approach led to a remuneration of over Rs. 10.55 crore for FY23, encompassing a basic salary of Rs. 2.82 crore, allowances and perquisites of Rs. 3.31 crore, provident fund of Rs. 33.92 lakh, and a performance bonus of Rs. 3.63 crore.
Another standout figure was Kaizad Bharucha, HDFC Bank’s deputy managing director, who also demonstrated significant earning potential by garnering a total compensation of Rs. 10 crore for FY23. His strategic role in shaping the bank’s operational framework has garnered recognition and substantial compensation, contributing to the dynamic landscape of CEO compensation in the Indian banking arena. Read the complete article here
TDB Signs Agreement to Recover Precious Metals from Waste
Today, the Technology Development Board (TDB) took a significant step by entering into the second agreement as part of its initiative “Technology Intervention towards ‘Garbage Free Cities’”. TDB has collaborated with M/s Alchemy Recyclers Private Limited in Gujarat to establish an Integrated Plant aimed at recovering precious metals from E-waste, Jewellers Waste, and Automobile Catalyst Waste.
The “Technology Intervention towards Garbage Free Cities” initiative by the Technology Development Board (TDB) is a response to the vision of Prime Minister Narendra Modi and the Swachh Bharat Mission: Urban 2.0. Read the complete article here