Current Affairs - August 2022: Topic Index
Current Affairs - August 2022: Topic Index
Topic Index
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01. National
` 2 07. Sports 43
• Union Cabinet approves the continuation of Pradhan Mantri Awas Yojana-Urban (PMAY-
U) - Housing for All Mission up to 31st December 2024.
• Centre approves Biological E's Corbevax as 'booster dose' for adults vaccinated with
Covaxin or Covishield.
• India adds 11 more wetlands to the list of Ramsar sites to make total 75 Ramsar sites.
Tamil Nadu has maximum number of Ramsar sites which is 14.
• Minister of Social Justice and Empowerment Dr. Virendra Kumar launched the 'SMILE:
Support for Marginalised Individuals for Livelihood and Enterprise' initiative.
• India gifts Dornier Maritime Reconnaissance air craft to Sri Lanka towards strengthening
the maritime security of the island nation .
National
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• Space Kidz India unfurled the Indian flag about 30 kilometres above the planet on
Independence Day.
• Uttar Pradesh unveiled the draft of its Solar Energy Policy-2022, targeting generation
of 16,000 Mega Watt of renewable power by 2026-27.
• 17th Pravasi Bhartiya Divas 2023 to be held at Indore in January next year.
• Ministry of Social Justice and Empowerment signs an MoU with National Health
Authority for providing comprehensive medical package to transgender people.
• Electronic-Passports will be rolled out during the next six months mostly by the end of this
year.
• India & Tanzania decides to set up a task force to prepare a five-year roadmap to
boost bilateral defence cooperation.
• The 13th edition of India- USA Joint Special Forces Exercise ‘’VAJRA PRAHAR 2022’’
culminated at Bakloh in Himachal Pradesh.
• An Indian Air Force contingent is participating in ‘’Exercise Pitch Black 2022’’ in Australia
being held from August 19 to 8th September in Darwin.
National
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• India nominates GARBA to be inscribed on UNESCO's intangible cultural heritage list for
2022.
• Centre grants permission to defence forces to buy emergency weapons through Make in
India route.
• Prime Minister Narendra Modi dedicates to the nation the 2nd Generation (2G)
Ethanol Plant at Panipat in Haryana
• Centre proposes to name 23 AIIMS after unsung heroes, freedom fighters or historical
monuments of the area or their distinct geographical identity.
• Over 7,300 cattle have died so far in the country due to ‘lumpy skin disease’ in eight
states and one Union Territory.
National
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• In a first, the Health Ministry drawn up a proposal to set up two tertiary level centres for
the treatment of people exposed to chemical, biological, radiological and nuclear
incidents or attacks.
• India supplies the tenth tranche of medical assistance to Afghanistan as part of India’s
ongoing humanitarian assistance.
• Centre launches Rashtriya Puruskar Portal to bring together all the awards of the various
Ministries, Departments and agencies of the government under one platform.
• A new infection dubbed ‘’tomato flu’’ was detected in India mostly among children
younger than five, according to the Lancet Respiratory Journal.
National
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• Supreme Court of India rules that Benami law cannot be applied retrospectively.
• Government of India signed the tripartite agreement for swift development of modern
Multi Modal Logistics Parks (MMLP) under Bharatmala Pariyojna across the country.
• Criminal Procedure (Identification) Act, 2022 comes into effect. It authorises taking
measurements of convicts and other persons for the purposes of identification and
investigation in criminal matters.
• PM Narendra Modi has said that by 2030, 50 percent of India's energy production will
be met by non-fossil fuel, and by 2070 it plans 'Net Zero'.
National
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• Centre says 500 cities across India have declared themselves as ‘Safai Mitra Surakshit
Shehar’.
• Centre decides to remove fare cap on air tickets from August 31st, 2022.
• Union Cabinet approves Audio Visual Co-Production Treaty b/w India & Australia.
• Supreme Court of India suggests formation of apex body to control freebies by political
parties during election campaign
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• Lok Sabha passed the New Delhi International Arbitration Centre (Amendment) Bill. It also
renamed the New Delhi International Arbitration Centre as the India International
Arbitration Centre.
• Parliament passes the Central Universities (Amendment) Bill 2022 that seeks to amend the
Central Universities Act, 2009, which provides for establishing central universities in various
states.
• Centre launches a common facility to register names in ration cards on a pilot basis for 11
States and Union Territories.
• Parliament passes the Family Courts (Amendment) Bill 2022. The Act allows state
governments to establish Family Courts.
• Commerce Minister Piyush Goyal unveils digital version of One District-One Product gift
catalogue.
• Centre launches State University Research Excellence scheme to create robust Research
and Development Ecosystem.
• Parliament passes Weapon of Mass Destruction and their Delivery Systems (Prohibition
of Unlawful Activities) Amendment Bill 2022 and Indian Antarctic Bill, 2022.
• Centre says that the private sector can use drones for delivery purposes in accordance
with Drone Rules, 2021.
BUSINESS & ECONOMY
Business and Economy
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• GST collections rose 28 per cent to ₹1.49 lakh crore on an annual basis in July, 2022.
• India’s unemployment rate fell to 6.8% in July, the lowest level in six months, amid rising
agriculture activity during the monsoon.
• Cabinet Committee on Economic Affairs (CCEA) approves highest ever Fair and
Remunerative Price of ₹305 for Sugarcane farmers.
• SEBI constitutes an expert group of Foreign Portfolio Investors (FPIs) to boost overseas
flows into the country.
• Rakesh Jhunjhunwala-owned Akasa Air is finally in Indian skies. The first flight between
the Mumbai-Ahmedabad route has recently took off.
Business and Economy
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• Reliance Industries invested ₹30,000 crore in its retail business and added 2,500 stores.
• Bharti Airtel MD & CEO Gopal Vittal said the telecom operator will start rolling out
5G services in August.
• Centre releases two instalments of tax devolution totalling ₹1.16 lakh crore to states.
• Centre to bar income taxpayers from availing themselves of the Atal Pension Yojana
(APY) from October 1 this year to ensure that the scheme’s benefits reach the poor and
underprivileged.
• Mohit Burman was appointed as the non-executive chairman of the Dabur from August
11 for a period of five years.
• India’s trade deficit widened to a record $30 billion in July as exports grew at a much
slower pace compared to imports.
• In a sweeping change, the Union Ministry of Power proposes a uniform tariff for
renewable energy (RE) procurement by states.
• Adani Logistics acquires inland container depot Tump for ₹835 crores.
Business and Economy
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• Life Insurance Corporation (LIC) paid a whopping ₹2,334 crore towards Covid-19
claims in the first quarter ended June 30 this fiscal.
• UK’s rate of inflation jumped to 10.1 per cent in July, a double-digit annual increase in
more than four decades.
• Cabinet approves interest subvention of 1.5 per cent on Short Term Agriculture Loan up
to three lakh rupees.
• Record food grains production of over 315 million tonnes estimated in country in 2021-
22.
Business and Economy
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• AstraZeneca India gets DCGI approval to market drug treating breast cancer.
• UK’s gross domestic product fell by 11% in 2020, drop worst since 1709.
• British luxury supercar maker McLaren Automotive announced its foray into the Indian
market.
• Sri Lanka ranks 5th among the 10 countries with highest food price inflation. Lebanon,
Zimbabwe, Venezuela, and Turkey ranked first in four countries.
Business and Economy
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• Indian Oil Corporation (IOC) to invest ₹2 lakh crores to achieve net-zero operational
carbon emissions by 2046.
• Singtel, the biggest telecom company in Southeast Asia, decides to sell 3.3% of its stake
in Airtel.
• NTPC board okays ₹11,843-crore investment for 1,320 MW Talcher power project
Stage-III.
• Essar Group to sell port, power units to ArcelorMittal Nippon Steel India (AM/NS) for a
net value of $2.4 billion (₹19,000 crore).
BANKING AWARENESS
Banking Awareness
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• Over 36 lakh crore rupees worth of loan amounts was disbursed to Micro, Small and
Medium Enterprises (MSMEs) during the last three fiscal years.
• Banks have written off loan’s worth about ₹10 lakh crores in the last five financial
years. During 2021-22, the write-off came down to ₹1,57,096 crores.
• Bank of England Monetary Policy Committee voted for a half percentage point rise in
Bank Rate to 1.75% - its highest level since late 2008 from 1.25%.
• RBI to allow the Bharat Bill Payment System (BBPS) to process cross-border inbound bill
payments that will help senior citizens in India while their wards are overseas.
• Unity Small Finance Bank appoints interim CEO Inderjit Camotra as MD & CEO.
Banking Awareness
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Bank rates and Marginal Standing Facility (MSF) rates were adjusted to 5.65 per cent,
and 5.15 per cent.
RBI retained its growth projection at 7.2 per cent for the current fiscal.
• HDFC completed a $1.1 billion syndicated social loan facility at a 3.3 per cent coupon
rate for financing affordable housing projects in the country.
• State Bank of India reports a 6.70 per cent year-on-year (YoY) drop in net profit at
₹6,068.08 crore.
• The value of the counterfeit currency in the banking system reduced from ₹43.47 crore
in 2016-17 to about ₹8.26 crore in 2021-22.
• RBI is mulling over establishing a fraud registry which would have a database of
fraudulent websites, phones along with the various modus operandi for digital fraud.
• Argentina’s Central Bank increases benchmark interest rate by 950 basis points to
reduce inflation.
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• RBI said that digital loans must be credited directly to the bank accounts of borrowers and
not through any third party.
• Bank of Maharashtra tops list of PSU lenders in Q1 loan, deposit growth during the first
quarter of 2022-23.
• RBI cancelled the licence of Deccan Urban Co-operative Bank, Karnataka, as the lender
does not have adequate capital and earning prospects.
• People’s Bank of China (PBOC) cut two-key benchmark lending rates with a big cut in a
key mortgage-linked benchmark to manage the ongoing crisis in its real estate.
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• IndusInd Bank launches two digital banking units, one each in Punjab and Tamil Nadu to
offer various instant, convenient and flexible banking services to its customers.
• RBI lifts the restrictions on American Express Banking Corp, allowing it to restart
onboarding of new domestic customers
• Bank credit growth accelerated to 14.2% in the quarter ended June from 6% in the year-
earlier period.
• India’s foreign exchange reserves fell by $6.69 billion to $564 billion for the week ended
August 19, 2022.
• New Zealand reopens its borders for the first time since March 2020.
• Lebanon & Israel are getting closer to reaching a deal in a more than a decade-old
maritime border dispute between the two neighbours.
• China strongly condemns the U.S. House of Representatives Speaker Nancy Pelosi’s visit
to Taiwan.
• China halts cooperation with US in several areas over Nancy Pelosi’s visit to Taiwan.
• South Sudan government announces that the country's transitional leadership will stay in
power for another 24 months.
• ASEAN regional grouping bars Myanmar from its meetings till it shows progress on the
peace plan.
• US President Joe Biden signs documents endorsing Finland and Sweden's accession to
NATO.
• A New zoonotic virus named Langya Henipavirus or the LayV infected thirty-five persons
in eastern provinces of China.
International
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• Latvia and Estonia withdrawn from cooperation group between China and Central and
Eastern European countries.
• British government officially declares drought in parts of England due to hot and dry
weather.
• UK becomes the first country to authorise a Covid-19 vaccine tailored to the Omicron
variant.
• US President Joe Biden has signed a massive climate change and healthcare spending
bill into law.
• Israel & Turkey decides to restore full diplomatic ties and will return ambassadors to
each other’s country following a steady improvement in relations.
• Singapore’s Prime Minister Lee Hsien Loong has announced the country will repeal a
colonial-era law criminalising gay sex.
• South Korea, US begun their largest joint military drills ‘’Ulchi Freedom Shield’’ this year.
International
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• India hands over 21,000 tonnes of chemical fertilizer to crisis-ridden Sri Lanka.
• Nearly 9,000 Ukrainian soldiers died since Russia- Ukraine conflict started.
• US President Joe Biden appoints more than 130 Indian Americans to key positions in his
administration so far.
• US President Joe Biden announces nearly $3 billion in military aid to Ukraine— the
biggest U.S. package so far to mark Ukraine’s Independence day.
• Parts of the European Union could face three more months of warmer and drier
conditions: EU Report
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• Germany launches the world's first fleet of hydrogen-powered passenger trains in the
state of Lower Saxony.
• ISRO's maiden Small Satellite Launch Vehicle (SSLV), carrying earth observation satellite
EOS-02 & co-passenger students' satellite AzaadiSAT, ran into trouble after it suffered
data loss in the final phase.
• South Korea became the 7th country in the world to launch a mission to the Moon. The
mission was named as Korea Pathfinder Lunar Orbiter, nicknamed Danuri .
• Indian Navy inks pact with ISRO's Space Applications Centre on data sharing.
• WHO announces new names for variants of the monkeypox virus that are currently in
circulation. It has named Monkeypox variants as Clades I, IIa and IIb.
• Researchers from the L.V Prasad Eye Institute, IIT-Hyderabad & the CCMB worked
together to create India’s first 3D Printed Cornea from human donor corneal tissue.
• The first indigenously-developed RT-PCR kit for testing monkeypox was launched at
Andhra Pradesh Medtech Zone (AMTZ). It is developed by Transasia Bio-Medicals.
• Switch Mobility (‘Switch’), unveiled India’s first and unique electric double-decker air-
conditioned bus - Switch EiV 22.
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• Nasa's James Webb Space Telescope captures stunning images of the planet Jupiter
showing two tiny moons, faint rings and auroras at the northern and southern poles.
• India’s first commercial Space Situational Observatory will be set up in Garhwal region of
Uttarakhand. Digantara will build this observatory.
• Centre offers the use of Indigenous 5G Test Bed free of cost to the Government
recognized start-ups and MSMEs for the next six months up to January 2023.
• India’s first Saline Water Lantern Roshini, which uses the sea water to power the specially
designed LED lamps was unveiled.
PERSONS IN NEWS
Person In News
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• Dr. Anthony Fauci will step down as head of the National Institute of Allergy and
Infectious Diseases (NIAID) and chief medical adviser to US President Joe Biden.
• Gustavo Petro, a former member of Colombia's M-19 guerrilla group was sworn in as
new President of Colombia.
• Jagdeep Dhankar was sworn in as the 14th Vice President of India. President Droupadi
Murmu administered the oath of office to Mr Dhankar.
• Malaysian ex-Prime Minister Najib Razak began his 12-year prison sentence after
losing his final appeal in a graft case linked to the looting of the 1MDB state fund.
• Deputy President William Ruto was declared the winner of Kenya’s Presidential
election.
Person In News
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• Former Chief Economic Advisor Krishnamurthy Subramanian was appointed as the next
Executive Director representing India at the International Monetary Fund (IMF).
• Justice Uday Umesh Lalit was sworn-in as Chief Justice of India. President Draupadi
Murmu administered him oath as the 49th Chief Justice of India.
• Moqtada al-Sadr, One of Iraq's most powerful figures, who has been at the centre of a
long crisis over forming a government, announces his retirement from political life.
• Colonel Abdoulaye Maiga was appointed as interim Prime Minister of Mali after the
incumbent PM Choguel Kokalla Maiga was admitted to hospital.
Person In News
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• Alkesh Kumar Sharma, a senior Indian bureaucrat, was appointed on to the inaugural
Internet Governance Forum (IGF) Leadership Panel by the UN Secretary-General.
• Revenue secretary Tarun Bajaj was given additional charge of secretary in the Ministry
of Corporate affairs (MCA) in place of Rajesh Verma.
• JD(U) leader Nitish Kumar was again sworn-in as Bihar CM after quitting with coalition
partner BJP.
• Dr. Sujoy Lal Thaosen, DG of Sashastra Seema Bal, SSB took over the additional charge
of Director General of Indo-Tibetan Border Police.
• Sanjay Arora, an IPS officer, has been appointed as the new Commissioner of the Delhi
Police.
• Salman Rushdie, who won the Booker Prize for his novel ‘Midnight's Children', was
stabbed by a man on stage at the event of the Chautauqua Institution in Western New
York.
• Rear Admiral Guillermo Pablo Rios, an Argentinean navy officer, was named Head of
Mission and Chief Military Observer for the United Nations Military Observer Group in
India and Pakistan (UNMOGIP).
• Olivia Newton-John, the Grammy-winning superstar who reigned on pop, country, adult
contemporary and dance charts has died.
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• Former Philippine President Fidel Valdez Ramos, who played a key role in a 1986 pro-
democracy uprising that ousted a dictator, died.
• NBA great Bill Russell, the cornerstone of a Boston Celtics dynasty that won 11 titles and a
powerful voice for social justice, passed away.
• Al Qaeda leader Ayman al-Zawahiri was killed with a drone missile by the United States
at his home in Kabul.
• Former Governor of Jharkhand and Assam, Syed Sibtey Razi passed away. He was a
member of Rajya Sabha thrice.
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• Celebrated Pakistani singer Nayyara Noor, adored by millions from both India and
Pakistan for her soulful melodies, passed away.
• Maulana Jalaluddin Umri, a renowned Islamic scholar and former president of Jamaat e
Islami Hind, passed away after prolonged illness.
• Veteran stock market investor Rakesh Jhunjhunwala passed away. Known as India's Warren
Buffett, his wealth was pegged at 5.8 billion dollars.
• Former South African international umpire Rudi Koertzen was killed in a car crash,
Koertzen had officiated in nearly 400 international games.
SPORTS
Sports
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• India finished fourth in the overall medals tally at the Commonwealth Games 2022 with
a total of 61 medals including 22 gold, 16 silver and 23 bronze. Australia topped the
list.
• Viswanathan Anand was elected as the deputy president of FIDE, the international chess
body. Arkady Dvorkovich was successfully re-elected as FIDE President.
• Serena Williams announces her retirement from professional tennis. US Open will be
her last tournament.
• C.A. Bhavani Devi of India won the individual women’s sabre gold in the Commonwealth
fencing championship in London.
• FIFA suspends All India Football Federation due to undue influence from third parties.
Sports
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• Parliament passes the National Anti-Doping Bill 2021 which prohibits athletes, athlete
support personnel and other persons from engaging in doping.
• Ireland's star all-round cricketer Kevin O'Brien announces retirement from international
cricket career.
• Paralympian Rahul Jakhar wins Gold in 2022 WSPS Shooting World Cup.
• World U-20 Wrestling C’ships: Antim becomes first Indian woman to win Gold in 53kg
title.
Sports
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• Indian para shuttlers Pramod Bhagat and Sukant Kadam clinched the Gold at the
Thailand Para Badminton International tournament.
• Borna Coric defeated fourth seed Stefanos Tsitsipas to win the ATP Cincinnati Masters.
• R.Praggnanandhaa defeats world No 1 Magnus Carlsen at the FTX Crypto Cup to finish
second in the overall ranking.
• Indian men's volleyball team wins bronze medal in 14th Asian U-18 Championship.
• Indian Grandmaster Arjun Erigaisi wins Abu Dhabi Masters Chess title.
• FIFA lifts the ban imposed on the All-India Football Federation (AIFF) after the Supreme
Court terminated the mandate of the Committee of Administrators.
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• Badminton players Viktor Axelsen, Akane Yamaguchi wins BWF World Championships
singles title.
• Indian judoka Linthoi Chanambam wins Gold medal at World Cadet Judo Championships.
• Indian pair of Satwiksairaj Rankireddy & Chirag Shetty settled for a bronze at the BWF
World Championships at Tokyo.
• Virat Kohli becomes the first Indian to play 100 Matches in each format.
• India’s Anupama Ramachandran won the silver at the under-21women’s event of the IBSF
World junior snooker in Bucharest.
AWARDS
Awards
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• Congress leader Shashi Tharoor set to be conferred with France's highest civilian award
Chevalier de la Legion d'Honneur.
• Bangladesh-born Fahmida Azim working for the Insider online magazine of US has
been selected for the 2022 Pulitzer Prize under the category of Illustrated Reporting
and Commentary.
• Bangladeshi architect Marina becomes first South Asian to win Lisbon Triennale Lifetime
Achievement Award.
• Karim Benzema & Alexia Putellas were rewarded for outstanding seasons by winning
the UEFA men’s and women’s player of the year prizes.
The coaching awards went to Carlo Ancelotti of Madrid and Sarina Wiegman, who led
England to the Euro 2022 title.
Awards
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• President Droupadi Murmu approves 107 Gallantry awards to Armed Forces and
Central Armed Police Forces personnel on the occasion of Independence Day 2022.
These include:
3 Kirti Chakra
13 Shaurya Chakra
2 Bar to Sena Medals (Gallantry)
81 Sena Medals (Gallantry)
1 Nao Sena Medal (Gallantry)
7 Vayu Sena Medals (Gallantry)
• India ranks 3rd at the International Astronomy & Astrophysics Olympiad with 3 golds, 2
silvers.
Awards
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• Canadian scholar Jeffrey Armstrong was awarded the Indian Council for Cultural
Relations (ICCR) Distinguished Indologist for 2021.
Awards
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• Tibetan spiritual leader Dalai Lama was honoured with Ladakh's highest civilian award
dPal rNgam Duston.
• Kannada film star Puneeth Rajkumar, who died last year, will be conferred with the
“Karnataka Ratna” award posthumously, on November 1,2022.
• Ahmedabad University professor Ramadhar Singh becomes the first Indian social
psychologist on Psychology Society's Heritage Wall of Fame in the United States.
• The 2022 Liberty Medal will be awarded this fall to Ukrainian President Volodymyr
Zelenskyy.
• Savitri Jindal, the Chairperson Emeritus of OP Jindal Group, surpassed China’s Yang
Huiyan to become Asia’s richest woman, as per the real-time Bloomberg Billionaires
Index.
• Defence forces, RBI and Prime Minister of India are the three most trusted institutions in
the country, according to a survey by Ipsos India. The Supreme Court of India came 4th.
• Bengaluru ranks second in the Asia Pacific region in the top tech hubs list and is only
behind China's Beijing, according to a report by Cushman and Wakefield.
Indexes
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• With a total net worth of US$ 137.4 billion, Gautam Adani surpassed the wealth of
Louis Vuitton chairman Arnault to become the world’s third richest person.
• Indian nationals have been issued the largest number of study, work and visitor visas
from the United Kingdom in the year ending June 2022.
• Women officers in the Indian Navy made history when they flew a Dornier 228 on the
first-ever all-female autonomous maritime reconnaissance and surveillance mission in the
North Arabian Sea.
• In a first, a U.S. Navy Ship, Charles Drew arrived in India for carrying out repairs and
allied services at the Larsen & Toubro (L&T) Shipyard at Kattupalli, Chennai.
Indexes
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• World's highest single arch railway bridge Chenab Rail Bridge in J&K gets Golden Joint.
• Jharkhand becomes the first state in the country to deploy a production grade
blockchain-based seed distribution programme by implementing the blockchain solution.
• Haridwar has been declared as India’s Best Aspirational District by NITI Aayog.
• Kerala state Assembly holds 61 sittings in 2021, the highest in the country
IMPORTANT DAYS
Important Days
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