6 November 2022 Daily Current Affairs: World Bank Groups Report, Floating Financial Literacy Camp & More

Climate and Development: An Agenda For Action- Country Climate and Development Reports combine the greatest data, models, and technologies currently available with the goal of giving policymakers fast, practical advice for today's climate and development issues. The World Bank Group's Climate Change Action Plan, which explains how the WBG will support climate action in poor nations, includes them as a key component.

 
6 November 2022 Daily Current Affairs

Report Highlights

  • If crucial requirements are satisfied with international support, low- and middle-income countries can make the transition to resilient, low-carbon growth pathways.
  • With annual investments of 1.4% of GDP, nations could increase resilience and reduce emissions by 70% by 2050.
  • According to the research, countries must order and prioritise important investments and policy reforms. These will provide numerous advantages. Additionally, emission reductions can result in quick development gains like decreased sensitivity to fluctuations in fossil fuel prices, improved trade balances, increased energy security, and better air quality and its associated health benefits.

Also Read: 5 November 2022 Daily Current Affairs: Uniform Gold Price, Malabar Exercise, Closest Black Hole to Earth

Niveshak Didi

  • It is India's first floating Financial Literacy Camp.
  • Under the auspices of the Ministry of Corporate Affairs (MCA), IPPB and the Investor Education and Protection Fund Authority (IEPFA) established the "Niveshak Didi" programme at the Dal lake in Srinagar, J&K, to promote financial literacy "By the women, for the women" concept.
  • The project of Niveshak Didi was founded on the principle of women for women. And because this is the country's first floating financial literacy camp, Prime Minister Modi has expressed his admiration for it.

National Affairs

IIPDF Scheme

India Infrastructure Project Development Fund Scheme (IIPDF Scheme): It is a Central Sector Scheme, which means that all of the money is coming from the Union government and is being used to fund initiatives that are both economically sound and commercially unviable. At the project's building stage, the government contributes up to 40% of the costs (similar to the Viability Gap funding Scheme).

National Tribal Dance Festival

One of Chhattisgarh's major celebrations, it honours various tribal groups and their cultures from all over the world as well as from within India. The Chhattisgarh state department of tourism and culture is in charge of organising the three-day festival.

App to track wild animals in Kerala

For the convenience of Ayyappa devotees who trek to Sabarimala, the state administration plans to create a new internet mobile app. The devotees can learn about giving safety from wild animals and drinking water facilities, medical facilities, locations with lodging options, and locations where dangerous animals are roaming along forest roads with this app.
International Affairs

World Travel Market Expo 2022

One of the biggest worldwide travel exhibits will be held in London from November 7th to 9th, 2022, called World Travel Market (WTM). The Future of Travel Starts Now is the exhibition's theme for this year. The Ministry of Tourism, Government of India, will take part with a total of 16 stakeholders, including representatives from State Governments and other Central Ministries, with the goal of showcasing the range of tourism products to the global business community, including Medical Value Travel, opulent trains, and other services.

Best Countries List

The best nations in the world have been ranked by U.S. News and World Report. India tops the list of countries with the lowest prices.
Sports

Asian Squash Champions Tournament 2022

The Indian team, captained by Sourav Ghosal, defeated Kuwait in the men's final of the Asian Squash Championship in Cheongju to win gold for the first time ever. In addition, Malaysia, which won the bronze medal, defeated the Indian women's team in the semifinals.

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