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Current Affairs - 26 August 2021 =========================== | UPSC Notes EPFO Labour Law

Current Affairs - 26 August 2021
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1. Assam celebrates Wanchuwa Festival 2021.
Tiwa tribesmen perform their traditional dnac eas they take part in Wanchuwa Festival in Assam. This festival is celebrated by Tiwa tribesmen to mark their good harvest. It comes with songs, dances, a bunch of rituals and people clad in their native attires. Tiwa is also known as Lalung is an indigenous community inhabiting the states of Assam and Meghalaya and are also found in some parts of Arunachal Pradesh and Manipur.

2. India emerges as Second in Global Manufacturing Risk Index.
India has emerged as a global manufacturing hub and effectively surpassed the United States to become the world’s second most desired manufacturing destination. This indicates the growing interest in India by manufacturers as a preferred manufacturing hub over other countries including the United States and the manufacturing giant nation, China.

3. RBI appointed panel suggests 4-tier structure for Urban Co-operative Banks.
RBI appointed panel under the chairmanship of N. S. Vishwanathan suggests 4-tier structure for Urban Co-operative Banks; minimum CRAR (Capital to Risk-Weighted Assets Ratio) for them could vary from 9 per cent to 15 per cent.

4. NITI Aayog and WRI Jointly Launch ‘Forum for Decarbonizing Transport’.
NITI Aayog and World Resources Institute (WRI), India, jointly launched the ‘Forum for Decarbonizing Transport’ in India. NITI Aayog is the implementing partner for India. The aim of the project is to bring down the peak level of GHG emissions (transport sector) in Asia (in line with a well below 2-degree pathway), resulting in problems like congestion and air pollution.

5. Abhay Kumar Singh appointed as joint secretary in Ministry of Cooperation.
Abhay Kumar Singh has been appointed as joint secretary in the Ministry of Cooperation. This ministry was recently formed with an aim to strengthen the cooperative movement in the country. The appointment of Abhay Kumar Singh has been cleared by the Appointments Committee of the Cabinet headed by PM Modi.

6. Tekchand as India’s new flag-bearer in Tokyo Paralympics.
Mariyappan Thangavelu, 2016 Rio Paralympic Games gold medalist will be replaced by Asian Games gold medalist Tekchand as the new flag-bearer of India at the opening ceremony.

7. Princepal Singh becomes first Indian to be part of NBA championship roster.
Princepal Singh became the first Indian to be part of an NBA title-winning team when his side Sacramento Kings clinched the 2021 NBA Summer League crown.

8. British comedian Sean Lock passes away.
British comedian Sean Lock has passed away. He was one of Britain’s finest comedians, his boundless creativity, lightning wit and the absurdist brilliance of his work, marked him out as a unique voice in British comedy. In the year 2000, Sean Lock had won the gong at the British Comedy Awards for the best live stand-up performance.

9. Former national football coach SS Hakim passes away.
Syed Shahid Hakim, former India footballer and member of the last national team that played in the 1960 Rome Olympics, passed away. Hakim ‘saab’, as he was popularly known, was 82 years old. In his more than five-decade association with Indian football, Hakim, a Dronacharya Awardee, has also been an assistant coach to late PK Banerjee during the 1982 Asian Games in Delhi.