current affairs 01 May 2021 (In English)

01 May -International Labour Day

EVs will make up 30% of Indian auto sales in 2030: IEA

• EV deployment in India will be achieved through the electrification of two/three-wheelers.
• EVs in sales in India could scale up to almost 50 per cent in 2030 across all road vehicle modes.

RBI joins network for 'greening the financial system'.

• RBI has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a member.
• Green finance assumed significance in the context of climate change.
• RBI expects to benefit from the membership of NGFS by learning from and contributing to global efforts on green finance.

Apple announces $200 mn Restore Fund to reduce carbon.

• Apple’s $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere.
• This is equivalent to the amount of fuel used by more than 200,000 passenger vehicles.
• This can help increase investment in forest restoration while demonstrating a viable financial model.

UK becomes first country to announce regulation of use of self-driving vehicles at slow speeds on motorways.

• It is working on specific wording to update the country's highway code for the safe use of self-driving vehicle systems.
• The use of ALKS would be restricted to motorways at speeds under 60 km per hour.

Niraj Bajaj appointed new Chairman of Bajaj Auto as Rahul Bajaj resigns.

• Rahul Bajaj had taken charge of the Bajaj group in 1965 when India was still a closed economy.
• He led the company, known for its Bajaj Chetak scooters from strength to strength.