Daily Current Affairs 18th October 2023: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 18th October 2023. It includes all Major National, International, Business and Sports related current affairs of 18th October 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 18th October 2023 Current affairs test.
National News
1. Major Infrastructure Investments Planned in India
- India is set on an aggressive infrastructure push, aiming for an investment of around ₹143 lakh crore from fiscal 2024 to 2030. This represents a significant jump from the ₹67 lakh crore invested from 2017 onwards.
- A provision of ₹36.6 lakh crore is allocated for eco-friendly projects, demonstrating India’s commitment to sustainable ventures. The green hydrogen sector is set to receive an impressive influx of about ₹1.5 lakh crore over the mentioned period, driven by its environmental benefits and supportive policies.
2. IndiaSkills 2023-24 Unveiled by Union Minister Dharmendra Pradhan
- The Ministry of Skill Development & Entrepreneurship rolled out the IndiaSkills 2023-24 initiative, celebrating the accomplishments of participants at WorldSkills 2022. India achieved an impressive 11th rank globally, aiming to further its strides in skill enhancement.
- Dharmendra Pradhan highlighted the importance of job-ready skill training and praised 18 Indian participants for their exemplary show at the World Skills Competition 2022.
International News
3. Revival of India-Sri Lanka Maritime Route
- An age-old marine pathway between India and Sri Lanka has been rejuvenated with the commencement of a ferry service named ‘Cheriyapani’. The initiative seeks to boost religious tourism along the coastlines of both countries.
4. Israel Tests New Missile Defense System – ‘IRON BEAM’
- Israel has unveiled its latest ‘Iron Beam’ defense mechanism, tailored to counteract short-range threats. It integrates into Israel’s defense layering as the sixth component and uses a fiber laser for precision targeting. The system boasts attributes like cost-efficiency, constant preparedness, and minimal operational prerequisites.
State News
5. Uttar Pradesh Enhances Ujjwala Scheme
- Uttar Pradesh’s Chief Minister, Yogi Adityanath, has announced a substantial augmentation to the Ujjwala scheme. The revised scheme will provide beneficiaries with a complimentary cooking gas cylinder, marking a significant step towards empowering the less privileged.
Economy News
6. India’s Maritime Economy Blueprint Introduced by PM Modi
- PM Narendra Modi disclosed major maritime strategies, emphasizing the sustainable blue economy under the umbrella of ‘Amrit Kaal Vision 2047’. Noteworthy initiatives, such as the Tuna-Tekra terminal, seek to establish India’s commanding presence in global commerce.
Business News
7. CCI Approves IDFC and IDFC First Bank Fusion
- The amalgamation of IDFC with IDFC First Bank has secured approval from the Competition Commission of India. This move trails the recent integration of HDFC with HDFC Bank.
8. Government to Divest in Hudco
- The Indian government is poised to divest a 7% share in Hudco via an Offer For Sale (OFS). This strategic decision is projected to generate approximately ₹1,100 crore for the national treasury.
Important Days News
9. Observance of World Trauma Day 2023
- World Trauma Day, marked every year on 17 October, aims to raise awareness about trauma-related concerns and advocate enhanced care and preventive measures.
10. Kati Bihu 2023 Celebrations
- Kati Bihu, a significant festival in Assam, signifies the beginning of the rice farming season. Also known as Kongali Bihu, it underlines the importance of harvest and represents the season’s associated challenges.
Ranks & Reports News
11. Periodic Labour Force Survey 2022-2023 Outcomes Revealed
- The PLFS showcased a drop in the unemployment rate and improved labor parameters for urban locales during April-June 2023.
12. Kempegowda International Airport Achieves Punctuality Accolade
- Bengaluru’s Kempegowda International Airport has been honored as the most punctual global airport for three consecutive months, as per Cirium’s recognition.
Appointments News
13. Arindam Bagchi to Represent India at the UN in Geneva
- Arindam Bagchi is set to be India’s forthcoming Ambassador to the UN in Geneva. Bringing a wealth of diplomatic expertise, Bagchi will succeed the current representative, Indra Mani Pandey.
Awards News
14. Bhopal Mahila Thana Police Station Receives ISO Certification
- The Bhopal Mahila Thana has been acknowledged for its operational standards with an ISO certification, highlighting its “victim-centric” methodology.
Sports News
15. India’s Strong Presence at the Asian Para Games
- India is set to field a formidable squad at the imminent Asian Para Games in China. This participation echoes India’s unwavering commitment to para sports.
