17th May Daily Current Affairs 2023 refer to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 17th May Daily Current Affairs 2023 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 17th May Daily Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities. 17th May Daily Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing 17th May Daily Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.
Shri Bhupender Yadav launches Meri LiFE App
Shri Bhupender Yadav, the Union Minister for Environment, Forest, and Climate Change, introduced the “Meri LiFE” mobile application to engage youth in combating climate change before World Environment Day on June 5th. Inspired by the LiFE concept envisioned by the Prime Minister at COP26, the app encourages conscious utilization for environmental preservation. Shri Yadav highlighted the app’s ability to showcase the collective power of citizens, particularly the youth, in conservation efforts.
The Ministry of Environment, Forest, and Climate Change has mobilized various entities to align their activities with the Mission LiFE initiative, which aims to drive behavioral changes through achievable actions. Two dedicated portals, the Mission LiFE Portal and Meri LiFE Portal, are utilized to track progress and provide resources. Over 1,00,000 LiFE-related events have been organized nationwide, engaging millions of individuals in pro-planet actions.
The Meri LiFE app enables users to participate in tasks categorized under five themes and take the 5 for 5 challenge. The campaign will conclude on World Environment Day, focusing on the theme of Solutions to Plastic Pollution. The Meri LiFE app empowers individuals to make a tangible impact and contributes to the mission of combating climate change and promoting sustainable living. Read the complete article here
Reviving Stalled Real Estate Projects – SWAMIH Investment Fund for Homebuyers
SWAMIH Investment Fund, sponsored by the Ministry of Finance, is India’s largest social impact fund for completing stalled residential projects. It provides priority debt financing for affordable and mid-income housing. The fund considers diverse projects and acts as a last resort for distressed projects. With robust supervision and control, it has completed 20,557 homes and aims to complete over 81,000 more. It also unlocks liquidity and supports ancillary industries, driving positive change in real estate. Read the complete article here
FC Barcelona lifts 27th La Liga Title
Football Club Barcelona, also known as FC Barcelona, has clinched its 27th Spanish championship title in the club’s long history of 123 years. This victory marks their first championship since 2019. Barcelona secured the title by defeating their local rivals, Espanyol, with an impressive score of 4-2. This win has allowed Barcelona to extend their lead to 14 points over Real Madrid, who currently holds the second position in the league standings. It is a significant achievement for Barcelona and their fans, reaffirming their dominance in Spanish football. Read the complete article here
ESI Scheme: Complete Overview
In March 2023, there was a significant increase in employment as per the provisional payroll data of ESIC. A total of 17.31 lakh new employees were added during this period. Additionally, around 19,000 new establishments registered themselves, which means more businesses are now covered under the social security scheme provided by the Employees’ State Insurance Corporation. This expansion in coverage ensures that workers have greater protection. It is noteworthy that the majority of new registrations were from individuals under the age of 25, with 8.26 lakh employees belonging to this age group. This indicates a positive trend of job creation and enhanced social security coverage for the youth in the country.
The Employees’ State Insurance Act (ESI Act) is a social welfare legislation that provides health and social security benefits to employees in India. It was enacted by the Indian Parliament in 1948 and is administered by the Employees’ State Insurance Corporation (ESIC). The act provides for a self-financing, contributory scheme that enables registered employees to receive medical care, sickness benefits, maternity benefits, disability benefits, and various other benefits. Read the complete article here
Gatka Martial Art to feature in 37th National Games
The traditional game of Gatka has gained significant recognition on a national scale as it has been officially included in the 37th National Games-2023. These games are scheduled to be held in Goa in October of this year. The Indian Olympic Association (IOA) is leading the organization of the event, in collaboration with the Government of Goa, and will feature competitions for a total of 43 different disciplines. This inclusion of Gatka in the National Games highlights the growing importance and promotion of traditional sports in India.
The National Games is a multi-sport event held in India, showcasing various sporting disciplines and providing a platform for athletes from different states to compete against each other. The event is organized by the Indian Olympic Association (IOA) in collaboration with the respective host state government. Read the complete article here
Paytm appoints Bhavesh Gupta as president and COO
Paytm, the fintech company under One 97 Communications Ltd., has named Bhavesh Gupta as its President and Chief Operating Officer (COO). In his new role, Gupta will oversee various verticals within Paytm, including lending, insurance, online and offline payments, and consumer payments. He will also lead initiatives related to user growth, operational risk, fraud risk, and compliance. Gupta, who previously served as the Senior Vice President, will report directly to Paytm’s Managing Director and CEO, Vijay Shekhar Sharma. Read the complete article here
Inauguration of Online Education Program ‘Pahal’ for Rural Children
The online rural education initiative called ‘Pahal’ was officially launched by Chief Secretary Durga Shankar Mishra at Government UP Sainik Inter College in Sarojini Nagar. This program is a collaboration between the Department of Secondary Education and IIT Kanpur, with the aim of providing education to rural communities through online platforms.
As an initial phase of the program, 10 government secondary schools in Uttar Pradesh will offer free online education as part of the ‘Pahal’ initiative. This step is seen as a positive and promising start for improving education in rural areas. Read the complete article here
GoI appointed Ravneet Kaur as CCI Chairperson
Ravneet Kaur has been appointed as the Chairperson of the Competition Commission of India (CCI) by the government. This appointment comes after the vacancy of a full-time Chairperson since October 2022 when Ashok Kumar Gupta left the office. In the interim period, CCI Member Sangeeta Verma has been serving as the acting Chairperson since October of the previous year.
Ravneet Kaur, a senior officer of the Indian Administrative Service (IAS) from the Punjab cadre, has been appointed as the Chairperson of the CCI. Her appointment is for a tenure of five years or until she reaches the age of 65, whichever comes first. Read the complete article here