Home » Current Affairs Date: 20 January 2022

Current Affairs Date: 20 January 2022

National

'Bhumi Samvaad' - National Workshop on Digital India Land Record Modernisation Programme

⇒ Union Minister for Rural Development and Panchayati Raj Shri Giriraj Singh inaugurated ‘Bhumi Samvaad’ – National Workshop on Digital India Land Record Modernisation Programme (DILRMP) on 16 November 2021 at India Habitat Centre.

On this occasion, the Minister also launched National Generic Document Registration System (NGDRS) portal and Dashboard.

Discussion:
    • During the day-long workshop, the discussion was held primarily on the progress of different components of the Digital Land Record Modernization Programme and best practices undertaken by different States/UTs to share with other States.
    • During the workshop, 8 States gave presentations on the theme of best practices in the case of land governance.
    • Department of Land Resources also presented a Pan-India status of the National Generic Document Registration System (NGDRS), Unique Land Parcel Identification Number (ULPIN) and Digital India Land Record Modernisation Programme.

» Shri Ajay Tirkey, Secretary, Department of Land Resources emphasized the integration of land records for departmental activities.

    • He called upon the states to resolve to complete the digitalization of land records by March 2023.
Development of National Generic Document Registration System (NGDRS):
    • NGDRS is an in-house advanced software application for the registration system developed by NIC.
    • It has already been implemented in 12 States and pilot tested in 3 States covering more than 10 crore population.
    • As per the report, more than 25 lakh documents have already been registered using this system.

Recommendations of the Insurance Committee

⇒ The International Financial Services Centres Authority (IFSCA), with an objective to develop the financial products and services International Financial Services Centre (IFSC) has constituted an Insurance Committee under the Chairmanship of Mr GN Bajpai, former Chairman LIC and SEBI.

Insurance Committee has been constituted to identify key areas for the development of insurance and reinsurance business from IFSC.

The Committee after widespread consultations, incisive studies and in-depth discussions has made far reaching recommendation to develop IFSC as Global (Re)Insurance Hub in its report submitted to Chairperson, IFSCA.

The significant recommendations of the Committee are as follows:
    • IFSCA has developed eco-system for Aircraft Leasing and Financing which can be utilized to develop Aviation Insurance Hub and Trade Credit Insurance at IFSC.
    • The Captive insurance model is one of the cost-efficient manner of managing own risk. Globally, leading financial centres have favourable regulatory regime for captive insurance model. Hence IFSCA may develop a new framework for enabling operations of Captives.
    • IFSCA has enabled framework for Global In-house centres which may be utilized by (re)insurers to develop Global In-House Centres to provide services ancillary to insurance.
    • Investment framework may be redesigned to give more avenues for insurers to mobilize their funds to a basket of financial instruments and products offering them more returns and flexibility.
    • Globally premium financing is prevalent which is very significant driver for some the niche areas of insurance business. The same may be introduced in IFSC.
    • Developing alternate risk transfer solutions such as insurance linked securities, catastrophe bonds and parametric risk transfers available for the global market.

International

Best Tourism Villages by the United Nations World Tourism Organisation

⇒ The Pochampally Village in Telangana State has been selected as one of the Best Tourism Villages by the United Nations World Tourism Organisation (UNWTO).

The prestigious award was presented on the occasion of the 24th session of the UNWTO General Assembly on 2 December 2021 in Madrid, Spain.

The Ministry of Tourism recommended three villages for the UNWTO Best Tourism Village entry from India. These were Kongthong in Meghalaya, Ladhpura Khas, Madhya Pradesh and Pochampally in Telangana. Pochampally, was awarded by UNWTO.

About Pochampally:
    • Pochampally, 50 Kms from Hyderabad, is a town in Nalgonda district of Telangana and is often referred to as the Silk City of India for the exquisite sarees that are woven through a unique style called Ikat.
    • This style, Pochampally Ikat, received a Geographical Indicator (GI Status) in 2004.
    • Pochampally is also known as Bhoodan Pochampally to commemorate the Bhoodan Movement that was launched by Acharya Vinobha Bhave from this village on April 18th, 1951.
About Award:
    • The Best Tourism Villages by UNWTO Pilot initiative aims to award those villages which are outstanding examples of rural destinations and showcase good practices in line with its specified nine evaluation areas.
    • It also aims to support villages to enhance their rural tourism potential through training and access to opportunities for improvement.
    • A total 174 villages were proposed by 75 UNWTO Member States (each Member State could present a maximum of three villages) for the 2021 pilot initiative.
    • Among which 44 villages from 32 countries across the five world regions were recognized as Best Tourism Villages by UNWTO.

Sports

Senior U23 World Wrestling Championships 2021

⇒ The Senior U23 World Wrestling Championships 2021 was held in Belgrade, Serbia from 1 to 7 November, 2021.

It was the 4th edition of the U23 World Wrestling Championships.

India at Championships:

India won a total of five medals including 1 Silver and 4 Bronze. India won the highest number of medals (5 medals) in the tournament since its inaugural edition in 2017.

Silver Medal Winner:

Women’s freestyle:

    1. Shivani Pawar (50 kg Category)
Bronze Medal Winners:

Women’s freestyle:

    1. Anju (55 kg Category)
    2. Radhika (62 kg Category)
    3. Nisha (65 kg Category)
    4. Divya Kakran (72 kg Category)

Source: PIB & Other News Reports

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