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07th March Current Affairs – Top News of the Day

Today’s Current Affairs

07th March 2023 Current Affairs are incorporated with the important news that made the current affairs headlines for banking, UPSC or other competitive exams. Daily Current Affairs is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the Top News of the Day for 07th March 2023 to help you prepare the Latest Current Affairs part. After reading this section, you can successfully attempt Current Affairs Quiz. 

Here is the Current Affairs 07th March 2023 covering the following news headlines: Yuva Utsava-India@2047, High Seas Treaty, Go Green, Go Organic, Laadli Behna, Controller General of Accounts.

National News

1. Yuva Utsava-India@2047 pan-India launched by Anurag Singh Thakur

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Yuva Utsava-India@2047 launched by Anurag Singh Thakur, the Union Minister for Youth Affairs, Sports, Information, and Broadcasting, from IIT Ropar in Punjab. On this occasion, Shri Anurag Thakur also unveiled the Yuva Utsava Dashboard. To recognise the influence of youth, Yuva Utsava will be held in 150 Districts nationwide by March 31st, 2023.

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International News

2. UN inks first ‘High Seas Treaty’ in a bid to protect ocean bodies of the world

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The United Nations(UN) inked the first ‘High Seas Treaty’ in a bid to protect the ocean bodies of the world that lie outside the national boundaries and form almost two-thirds of the world’s oceans. The treaty is an outcome of a decade of talks on this environmental concern. The previous negotiations failed to conclude due to disagreements on funding and fishing rights. The last international agreement on ocean protection was signed 40 years ago in 1982 – the UN Convention on the Law of the Sea.

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State News

3. Ashwini Vaishnaw releases ‘Go Green, Go Organic’ cover for Sikkim

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Union Minister Ashwini Vaishnaw and four Sikkim ministers released a unique cover of the Department of Posts, ‘Go Green, Go Organic’ for Sikkim. The union minister thanked Department of Posts for this release and congratulated Sikkim State for its achievements of becoming the first state of the world to get recognized as an Organic state by the World Book of Records (London).

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4. Uttarakhand CM Dhami announced the launch of self-employment scheme for single women

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Chief Minister of Uttarakhand, Pushkar Singh Dhami has announced the launch of Mukhyamantri Ekal Mahila Swarozgar Yojana in the state at the end of Women Empowerment and Safety Week. Women in remote villages of the state are giving impetus to the rural economy through self-help groups. Through their skill potential, women are providing strength to the economy of their families. The Chief Minister said that under the leadership of Prime Minister Narendra Modi, many efforts have been made to empower the mother power.

Important takeaways for all competitive exams:

  • Uttarakhand Founded: 9 November 2000;
  • Uttarakhand Chief minister: Pushkar Singh Dhami;
  • Uttarakhand Official tree: Rhododendron arboreum;
  • Uttarakhand Capitals: Dehradun (Winter), Gairsain (Summer).

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5. Shivraj Singh Chouhan launches ‘Laadli Behna’ scheme in Madhya Pradesh

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Shivraj Singh Chouhan, the chief minister of Madhya Pradesh, unveiled the “Laadli Behna” Yojana, under which qualified women will get 1,000 rupees every month in support. On March 5, the chief minister’s 65th birthday, the procedure for accepting applications for the benefit programme started. CM Chouhan, who announced the programme at a large celebration at Jamboree Maidan in Bhopal, asked women to use the money they received via the programme to improve their families. One crore women in the state are the target of the government’s efforts, for which the Union Budget 2023 has a provision of 8,000 crore.

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6. Mauganj introduced as the 53rd district of Madhya Pradesh

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Mauganj was declared as 53rd district of Madhya Pradesh by Shivraj Singh Chouhan, the chief minister of Madhya Pradesh. Mauganj is a tehsil of the Rewa district. CM Chouhan declared that Mauganj would become the 53rd MP district during a function in Rewa. It will be built by combining four of the Rewa district’s tehsils.

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Appointments News

7. Indo-American woman judge Tejal Mehta named first justice of a district court in US

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Pramerica Life Insurance Limited has appointed Pankaj Gupta as Managing Director and Chief Executive Officer. The appointment has been approved by the Insurance Regulatory and Development Authority of India (IRDAI) and the Board of Pramerica Life Insurance. Pankaj Gupta succeeds Kalpana Sampat, who was the previous MD & CEO.

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8. S.S. Dubey takes charge as new Controller General of Accounts

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S.S. Dubey took charge as the new Controller General of Accounts (CGA). He is the 28th officer to hold the position of CGA. Prior to that, Dubey has served as Chief Controller of Accounts in Ministry of Housing & Urban Affairs, Department of Industrial Policy and Promotion etc. and as Controller/Deputy Controller of Accounts in Ministry of Environment & Forest, Ministry of External Affairs, Department of Revenue, Department of Supply etc. and was in-charge of budgeting, accounting, payment, internal audit etc. He also served as Financial Advisor & Chief Accounts Officer in Bank Note Press, Dewas.

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Agreements News

9. World Bank commits $1 billion to India for public healthcare infra

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The Centre and the World Bank have signed two complementary loans of $500 million each to support and enhance the country’s health sector development. Through this combined financing of $1 billion, the World Bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021.

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10. HCL Technologies partners Microsoft to bring quantum computing to clients

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Domestic information technology (IT) services firm, HCL Technologies, announced a partnership with Azure Quantum, Microsoft’s quantum cloud computing service. Through this partnership, HCLTech will offer cloud-based quantum computing services to businesses using Microsoft’s platform as a technology stack. The services will be provided through HCLtech’s Q-Labs, which is already one of Microsoft’s partners offering Azure Quantum Credit.

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Banking News

11. RBI launches mission to make every citizen a user of digital payment

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While digital payments have skyrocketed during the past few years, a significant portion of the population still does not use digital payments for day-to-day transactions. In order to bridge this gap, Reserve Bank of India (RBI) governor Shaktikanta Das launched a mission — “Har Payment Digital” – with the aim of making every citizen in the country a user of digital payments as part of Digital Payments Awareness Week (DPAW) 2023.

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Awards News

12. Delhi International Airport among cleanest in Asia-Pacific, says ACI

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Delhi airport has been ranked among the cleanest airports in Asia-Pacific as a part of the Airport Council International (ACI)’s annual service quality award. The Indira Gandhi International Airport (IGIA), operated by DIAL, has bagged the award for Airport Service Quality (ASQ) best airport for 2022 in the category of over 40 Million Passengers Per Annum (MPPA).

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13. Mirabai Chanu won BBC Indian Sportswoman of The Year for 2022

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Tokyo Olympic Games silver-medallist weightlifter Mirabai Chanu has bagged the 2022 ’BBC Indian Sportswoman Of The Year’ award after a public vote. The 28-year-old weightlifter from Manipur became the first athlete to win the award twice in a row after bagging it in 2021 as well. BBC Indian Sportswoman of the Year Award was launched in 2019 to celebrate sportswomen in India who have made their mark on the world stage.

Important takeaways for all competitive exams:

  • BBC Headquarters: London, United Kingdom;
  • Director-General of the BBC Timothy Douglas Davie;
  • BBC Established: 18 October 1922.

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14. BHEL wins CBIP Award 2022 for ‘Best Contribution in Solar Energy’

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CBIP award 2022: Bharat Heavy Electricals Limited (BHEL) has been awarded the Central Board Of Irrigation And Power (CBIP) Award 2022 for ‘Best Contribution in Solar Energy’. The award was received by Dr. Nalin Shinghal, CMD, BHEL, along with Ms. Renuka Gera, Director (IS&P), BHEL from Sh. R.K. Singh, Hon’ble Union Minister of Power and New & Renewable Energy, on CBIP Day. CBIP awards are conferred for outstanding contribution to the development of water, power and renewable energy sectors.

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Defence News

15. INS Trikand participated in International Maritime Exercise 2023

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The Indian warship INS Trikand has arrived in Bahrain for her first participation in the International Maritime Exercise organised by the US-led Combined Maritime Forces, a 34-nation naval group. INS Trikand hosted Rear Adm Jean Michel Martinet of the French Navy, who is also the Vice Commander of IMX23 & Commander Task Force (East). INS Trikand crew also interacted with the planning team & ships from friendly Navies participating in the Exercise. The Captain of INS Trikand also called on Ambassador of India to Qatar, Piyush Srivastava.

Important takeaways for all competitive exams:

  • Chief of Naval Staff: Admiral R Hari Kumar;
  • Indian Navy Founded: 26 January 1950;
  • Indian Navy headquarters: New Delhi.

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16. FRINJEX-23 Indo-France Joint Military Exercise to commence at Thiruvananthapuram

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On March 7 and 8, 2023, the Indian Army and the French Army will hold their first joint military exercise, FRINJEX-23, at Pangode Military Station in Thiruvananthapuram, Kerala. The two armies are participating in this format for the first time, with each contingent consisting of a Company Group from the French 6th Light Armoured Brigade and Indian Army personnel stationed in Thiruvananthapuram.

Important Takeaways For All Competitive Exams

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Summits and Conferences News

17. All India Women’s Folk Art Conference to be organized in Mumbai

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On March 8, 2023, in conjunction with Sangeet Natak Akademi, Government of India, and P. L. Deshpande Maharashtra Kala Academy, Government of Maharashtra, an All India Women’s Folk Art Conference will be held in Ravindra Natya Mandir in Prabhadevi, Mumbai on the occasion of International Women’s Day. Similar to the G20, India is in charge of the W20 group, and its president is Dr. Sandhya Purecha, chairman of the Sangeet Natak Akademi.

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Ranks and Reports News

18. India on 108th Position in Electoral Democracy Index 2023

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India has now been ranked at the 108th spot globally for electoral democracy, far behind nations like Tanzania, Bolivia, Mexico, Singapore, and even Nigeria, which comes in at a modest 91st spot by V-Dem Institute in its Electoral Democracy Report for 2023. This ranking may come as a shock to many, but it is also far below nations like Tanzania, Bolivia, Mexico, Singapore, and even India.

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Important Days

19. 5th Jan Aushadhi Diwas celebrates on 7th March 2023

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The Ministry of Health and Family Welfare (MoHFW) in collaboration with Pharmaceuticals & Medical Devices Bureau of India (PMBI), the implementing agency of Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) and States and Union Territories is celebrating 5th Jan Aushadhi Diwas 2023 under (PMBJP). Department of Pharmaceuticals has planned various events in different cities starting from 1st of March 2023 to 7th March 2023 which will focus on awareness about the Jan Aushadhi Scheme. The 5th Jan Aushadhi Diwas is organized across India based on the theme “Jan Aushadhi – Sasti bhi Acchi bhi”.

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Miscellaneous News

20. BSE and UN Women India launch FinEMPOWER programme

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FinEMPOWER, a new initiative from BSE and UN Women India, was introduced at the Bombay Stock Exchange (BSE). In order to empower women towards financial security, BSE and UN Women have collaborated on a year-long capacity-building programme. To increase investment in female leaders and entrepreneurs at BSE, BSE and UN Women India together organized the “Ring the Bell for Gender Equality ceremony” in observance of International Women’s Day.

Important Takeaways For All Competitive Exams:

  • BSE Full Form: Bombay Stock Exchange
  • BSE MD and CEO : Sundararaman Ramamurthy
  • UN Women India: Ms. Susan Ferguson

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