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Daily Current Affairs 12th March 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 12th March 2023. It includes all Major National, International, Business and Sports related current affairs of 12th March 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 12th March 2023 Current affairs test.


National & International Appointments

1. Sumant Kathpalia’s Role as IndusInd Bank’s MD & CEO Extended by RBI

  • The Reserve Bank of India (RBI) has sanctioned the continuation of Sumant Kathpalia as the MD and CEO of IndusInd Bank for an additional two years, effective from 24 March 2023.
  • This authorization from RBI arrives about half a year subsequent to the bank’s board greenlighting Kathpalia’s extended tenure.
  • Since March 2020, Kathpalia has held the position of MD & CEO at the bank.
  • Prior to this, Kathpalia was in charge of the Consumer Bank division at IndusInd Bank.
  • He played a pivotal role in the establishment of several fresh enterprises catering to SME sectors.

State Affairs

2. Odisha Unveils Livelihood Scheme of Rs 500 Crore for Tribal Populace

  • The state cabinet of Odisha, led by Chief Minister Naveen Patnaik, has rolled out a fresh scheme targeting the upliftment and income generation of tribal communities, committing Rs 500 crore for the duration from 2023-24 to 2025-26.
  • This initiative, named the livelihood cluster development, will be overseen by the ST & SC Development, Minorities & Backward Classes Welfare department as part of the Mukhya Mantri Janajati Jeebika Mission.
  • This scheme, funded by the state, is planned to be launched across 119 tribal subplan regions.

National & International Organizations

3. WHO’s Report: Global Sodium Intake Reduction Targets Not Being Met

  • The WHO Global Report on Sodium Intake Reduction suggests that by adopting and enforcing the sodium intake reduction guidelines laid out by WHO, up to two million fatalities could be averted by the year 2025, and a further seven million by 2030.
  • Currently, global efforts are lagging behind in meeting the objective to diminish sodium consumption by 30% come 2025.
  • It’s estimated that the global populace consumes an average of 10.8 grams of salt daily, which is substantially above the recommended limit set by WHO at less than 5 grams (equivalent to a single teaspoon).
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