Current Affairs Quiz - August, 2023

Notes:
The 3rd edition of the Summit on “Global Chemicals and Petrochemicals Manufacturing Hubs in India” was held recently.
Themed “Sustainability and Circularity,” the summit was organized jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Ministry of Chemicals and Fertilizers.

Notes:
The Jharkhand government released draft rules for the effective implementation of The Provisions of the Panchayats (Extension to Scheduled Areas) Act, commonly known as PESA, which was enacted in 1996.
The purpose of PESA is to establish self-governance through gram sabhas for the residents living in Scheduled Areas.

Notes:
West Bengal, which is home to about 40% of mangrove forests in India, announced the setting up of a ‘Mangrove Cell’ in the State, on the occasion of the International Day for the Conservation of the Mangrove Ecosystem.
This platform will bring continuity to the efforts of State government in mangrove management. The Cell has an annual action plan for the plantation of mangroves and it will look at maintenance and coordinate with NGOs.

Notes:
The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed recently by the Lok Sabha. It aims to boost ease of doing business and living in India.
It aims to redefine regulations in the country by decriminalizing minor offenses under 42 Acts, thereby reducing compliance. The Union Ministry of Commerce and Industry presented the proposed legislation in Parliament in December of the previous year.

Notes:
Finance Minister Nirmala Sitharaman said the government has decided to enable listed and unlisted domestic companies to directly list their equity shares on the International Financial Services Centre (IFSC) at Ahmedabad.
The decision will facilitate access to global capital and result in a better valuation of the Indian companies. The Finance Minister also launched Corporate Debt Market Development Fund (CDMDF) and AMC Repo Clearing Ltd (ARCL).

Notes:
Delisting means removing the securities of a listed company from a stock exchange. Once delisted, the securities of that company can no longer be traded on the stock exchange.
The Securities and Exchange Board of India (SEBI) is currently reassessing the delisting regulations applied to listed companies, aiming to curb share manipulation in companies that choose to delist from the stock exchanges.

Notes:
The Ministry of Commerce and Industry has set up a working group to decriminalise laws to further promote ease of doing business.
The group comprised representatives from industry associations, business chambers, legal professionals, and officials of seven ministries. It would also have representatives of the National Housing Bank, NABARD and CPCB.

Notes:
Singapore has hanged a 45-year-old woman who was caught with 31 grams of heroin. This is the first time the city-state has executed a woman in nearly 20 years.
Saridewi Binte Djamani was hanged after being convicted of trafficking “not less than 30.72 grams” of the drug in 2018.

Notes:
The DGCA fined IndiGo Rs 30 lakhs and issued a show cause notice due to deficiencies in their documentation and procedures related to frequent tail strike incidents on their A321 aircraft.
Tail strikes occur when the tail of an aircraft hits the ground or any stationary object, with a majority happening during landings.

Notes:
The National Health Authority has introduced the 100 Microsites Project, aiming to expedite the adoption of digital health services nationwide.
These microsites will consist of small and mid-sized health facilities that will be fully aligned with the Ayushman Bharat Digital Mission standards.