Current affairs 02 February 2023

Former PM Manmohan Singh conferred Lifetime Achievement Honour in UK.

• Former PM Dr Manmohan Singh (India) was conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London.
• He was awarded for his contribution to economic and political life.
• It was handed over to him in New Delhi by the National Indian Students and Alumni Union (NISAU) UK.
• Living Legend Honour: Lord Karan Bilimoria and Opposition Labour Party MP Virendra Sharma.
• Outstanding Achievers: Parineeti Chopra, Raghav Chadha, Adar Poonawalla, and Aditi Chauhan.

GST collection at Rs 1.55 Lakh Crore in January 2023.

• The Indian government collected Rs 1,55,922 crore GST in January 2023.
• The CGST is Rs 28,963 crore, SGST is Rs 36,730 crore, IGST is Rs 79,599 crore, and cess is Rs 10,630 crore.
• The GST collection in January 2023 is the second highest, after the Rs 1.68 lakh crore gross mop-up reported in April 2022.
• The revenues in the current financial year up to January 2023 are 24% higher than the GST revenues in January 2022.
• GST Day: 1st July

UK to be the country partner for BioAsia 2023.

• The global business firm, BioAsia has selected the United Kingdom (UK) as its country partner for the 20th edition of the largest event in the biotechnological industry of Asia.
• Theme 2023: Advancing for ONE: Shaping the next generation of humanized healthcare.
• O in ONE stands for One Health
• N in ONE stands for Next Generation Health
• E in ONE stands for Equity
• BioAsia 2023 will be organized from February 24 to 26 in Hyderabad, Telangana.

India's solar module manufacturing capacity to reach 95 GW by 2025: Report.

• According to the research firm, Mercom Capital, the solar module manufacturing capacity of India would reach approximately 95 GW by the end of 2025.
• The solar module manufacturing capacity as of September last year was 39 gigawatts (GW).
• Report title: State of Solar PV Manufacturing in India.
• Indian PV manufacturers are strategically poised to expand their production capacities and adopt new technologies.
• The US-based Mercom Capital Group is a clean energy research firm.

New India Assurance launches "Pay As You Drive" vehicle insurance policy.

• The New India Assurance has launched Pay as You Drive policy for vehicles.
• It is a comprehensive motor insurance policy that charges premiums based on the usage of the vehicle.
• The policy has two components - third-party cover and own-damage cover.
• This policy offered features like discounts on renewals, coverage beyond the distance limit, and enhanced protections.
• The discount will be applied to the basic own damage premium.
• NIA Chairman: Neerja Kapur