National
MeitY-NASSCOM Women Startup Entrepreneurs Awards 2020-21
⇒ The MeitY-NASSCOM Women Startup Entrepreneurs Awards is the first step to recognize and cultivate the entrepreneurial spirit in women and inspire the next generation of women.
The winners of the MeitY-NASSCOM Start-up Women Entrepreneur Awards 2020-21 in partnership with UN Women have been declared on August 17, 2021.
An eminent Jury comprising of leaders from MeitY, UN Women, Industry and Academia selected 12 women entrepreneurs as winners, while 2 women entrepreneurs were declared as the Jury Choice Awardees and one woman entrepreneur was felicitated as a special mention.
Each winner and Jury Choice Awardees were rewarded Rs 2 Lakh.
Official Link to Download the Award winners:
Meity NASSCOM Women Entrepreneur Awards 2020-21 in partnership with UN Women
Amrit Mahotsav Shri Shakti Innovation Challenge 2021
⇒ On this special occasion of Azadi ka Amrit Mahotsav, the 75th year of Independence of India:
MyGov under the Ministry of Electronics and Information Technology, and UN Women jointly launched the Amrit Mahotsav Shri Shakti Innovation Challenge 2021, to encourage technology solutions developed by Women Entrepreneurs that facilitate Women’s Safety and Empowerment.
The aim of the Challenge is ‘Nari Sashaktikaran’, that is to empower women to help them achieve their full potential.
The Amrit Mahotsav Shri Shakti Innovation Challenge is a platform where women tech entrepreneurs and start-ups can showcase their products designed by women, for women.
RBI's Financial Inclusion Index
⇒ Recently, the Reserve Bank of India has introduced the Financial Inclusion Index. The Reserve Bank of India has constructed a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country.
The annual FI-Index for the period ending March 2021 is 53.9 as against 43.4 for the period ending March 2017. The FI-Index will be published annually in July every year.
The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.
The FI-Index comprises of three broad parameters (with weights):
- Access (35%)
- Usage (45%)
- Quality (20%)
Each of these consisting of various dimensions, which are computed based on a number of indicators. The Index is responsive to ease of access, availability and usage of services, and quality of services, comprising in all 97 indicators.
T. Chowdiah National Award for 2019-20
⇒ Recently, Clarinet player Pt Narasimhalu Vadavati, a Raichur-based Hindustani musician, has been awarded the T. Chowdiah National Award for 2019-20.
About Award:
It is a national award instituted after the legendary violinist from Karnataka, Chaudhayya. He was known as the violinist (pitilu) ‘Chaudhayya’ for his outstanding achievement in playing the violin instrument.
The award is given to senior national artists who have served in musical instruments (Karnataka and Hindustani). The award consists of cash, plaque, shawl, garland and cash of Rs 10 lakhs.
International
A report by global consulting firm Kearney
⇒ According to a report by global consulting firm Kearney, as the e-commerce sector grows in India, the value e-commerce market in the country has the potential to reach $40 billion by 2030.
Currently valued at $4 billion, value e-commerce is expected to grow rapidly to reach $20 billion by 2026 and to $40 billion by 2030, a 10 times growth in 10 years.
Meanwhile, the value lifestyle retail market is expected to grow from $90 billion in 2019, to $156 billion by 2026, and touch $215 billion by 2030.
Sports
2021 ICC Men's T20 World Cup
⇒ The 2021 ICC Men’s T20 World Cup is to be held in the United Arab Emirates and Oman from 17 October to 14 November 2021. This will be the seventh ICC Men’s T20 World Cup tournament.
Important Day
World Photography Day
⇒ World Photography Day is observed every year on August 19.
First celebrated in 1837, the origin of the day lies in the invention of the Daguerrotype, a photographic process which was developed by Frenchmen Lois Daguerre and Joseph Nicephore Niepce in 1837.