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Daily Current Affairs 13th April 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 13th April 2023. It includes all Major National, International, Business and Sports related current affairs of 13th April 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 13th April 2023 Current affairs test.

 

National & International Appointments

1. Sanjay Agarwal’s Reappointment as MD & CEO of AU Small Finance Bank

  • The Reserve Bank of India (RBI) has approved the reappointment of Sanjay Agarwal as the Managing Director (MD) & CEO of AU Small Finance Bank (SFB) for an additional three-year term, extending until 2026.
  • Sanjay Agarwal initially took up the role of MD at AU Financiers in February 2008 and later became the MD & CEO of AU Small Finance Bank.
  • Additionally, the RBI has also greenlit the appointment of Uttam Tibrewal as the Whole Time Director of AU SFB, who has been a part of the bank’s board since 2005.

National Affairs

2. Growth in India’s Index of Industrial Production

  • As per the Ministry of Statistics, the country’s index of industrial production (IIP) observed growth, with the manufacturing sector’s output rising by 5.3% in February 2023.
  • Mining output saw a 4.6% increase during the same period, while power generation grew by 8.2%.
  • The growth rate for January 2023 was revised upward to 5.5% from the previously reported 5.2%, resulting in a year-on-year increase of 5.6% for the industrial output in February 2023.

International News

3. India Secures Fifth Position in AI Startup Investments

  • According to Stanford University’s annual AI Index report for 2023, India ranks fifth in investments received by AI-based product startups.
  • Indian AI startups secured a total investment of $3.24 billion in 2022, overtaking nations such as South Korea, Germany, Canada, and Australia.
  • The top four countries leading the chart were the USA, China, UK, and Israel.
  • From 2013 to 2022, Indian AI startups attracted a cumulative funding of $7.73 billion, positioning India as the sixth-leading nation in AI investments over this span. Nearly 40% of this investment was realized in the past year alone, highlighted by the Chennai-based conversational AI startup Uniphore raising $400 million in a Series E funding round in 2022, valuating the company at $2.5 billion.

National Affairs

4. Launch of Animal Pandemic Preparedness Initiative (APPI)

  • Union Minister of Fisheries, Parshottam Rupala, is slated to launch the Animal Pandemic Preparedness Initiative (APPI) on April 14, 2023.
  • Concurrently, he will initiate the World Bank-funded Animal Health System Support for One Health (AHSSOH) project.
  • APPI’s main aim is to create an ecosystem for enhanced animal health management using the One Health approach.
  • This initiative will span five years under a Central sector scheme with a budget allocation of Rs. 1228.70 Crores.

Important Day

5. Commemoration of Jallianwala Bagh Massacre Day

  • Jallianwala Bagh Massacre Day is observed yearly on April 13th, remembering the sorrowful events of April 13, 1919.
  • A large peaceful gathering had assembled at Jallianwala Bagh, Amritsar, Punjab, to protest the arrest of Dr. Satyapal and Dr. Saifuddin Kitchlew.
  • Colonel Reginald Dyer, the Military Commander of Amritsar, commanded his troops to encircle the Bagh, seal its entrances, and open fire on the non-violent crowd.
  • This horrific act resulted in the demise of hundreds and left thousands injured, becoming a pivotal moment in India’s history.
  • The Jallianwala Bagh Massacre Day in 2023 marks the tragedy’s 104th anniversary.
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