Karnataka establishes cooperative bank for milk producers.

  • Karnataka CM, Basavaraj Bommai Establishing the Nandini Ksheera Samridhi Cooperative Bank.
  • It is a revolutionary initiative, which will provide greater financial strength for the milk producers.
  • Karnataka is the only state in the country to set up an exclusive bank for milk producers.
  • Union Home Minister Amit Shah launched the logo of Nandini Ksheera Samurdhi Sahakar Bank.
  • The Milk Producers cooperatives have a turnover of about Rs 20,000 crore in various banks every day.
  • It will bring a second wave of White Revolution in the dairy sector.

Grammys 2022: Indian-American Singer Falguni Shah, Winner Of Best Children’s Music Album.

  • Indian-American singer Falguni Shah won the Grammy Award for A Colorful World in the Best Children's Album category.
  • Falguni Shah has also performed and collaborated with music maestro AR Rahman and is the only Indian-origin woman to be nominated twice in the Best Children's Music Album category at the Grammys.
  • Falguni Shah was earlier nominated for a Grammy in the same category for her 2018 album Faalu Bazaar.
  • She was even nominated in the same category in 2019 for her previous album called Falu’s Bazaar.

PNB implements Positive Pay System compulsory for cheque payments worth Rs 10 lakh

  • Punjab National Bank has implemented the Positive Pay System (PPS) being compulsory for cheque payments worth Rs 10 lakh and above.
  • This is being done as a move to protect its over 180 million customers from any security threats.
  • The bank had announced to make the Positive Pay System mandatory last month, and the same has been implemented today.
  • Under the new system, high-value cheques worth Rs 10 lakh and above will be cleared using the PPS, after reconfirmation with the issuer of the cheque.

A book on making of NASSCOM "The Maverick Effect" written by Harish Mehta.

  • A new book titled The Maverick Effect has been released, which has been written by Harish S. Mehta, the founding member and the first Chairman of NASSCOM.
  • The book tells the untold story of how in the 1970s and 80s a band of dreamers joined hands to create NASSCOM, which paved the way for the IT revolution in India.

Ministry of Sports releases USD 72,124 to UNESCO Fund for Elimination of Doping in Sport in 2022.

  • The Ministry of Youth Affairs and Sports, Government of India, has contributed an amount of USD 72,124 towards UNESCO Fund for Elimination of Doping in Sport in 2022.
  • This is double the amount of the minimum agreed value.
  • As per the resolution of 7COP held at Paris between 29-31 September, 2019, the State Parties had agreed for contributing 1% of the regular budget of respective nation to UNESCO towards the Fund for the Elimination of Doping in Sport.
  • In 2021, India contributed USD 28172 towards the UNESCO Fund.
  • The contributed fund will be used to support the implementation of the Fund’s Operational Strategy 2020-2025.

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