Daily Current Affairs Notes for 05 September 2022

The 5th of September is celebrated as a teacher’s day all over India. Teachers’ Day or Shikshak Divas marks the birthday of the country. 

Overview 

Teachers’ Day or Shikshak Divas marks the birthday of the country’s first Vice President (1952–1962) who went on to become the second President of India (1962-1967), a scholar, philosopher, Bharat Ratna awardee, Dr Sarvapalli Radhakrishnan. He was born on September 5 in the year 1888. But teachers’ day was first observed in the year 1962 on his 77^th birthday. He was a teacher who turned out to be a philosopher, scholar and politician. He dedicated his entire life to working towards the importance of education in people’s lives.

Kalyan Chaubey, who was a goalkeeper with the storied Mohun Bagan and East Bengal football clubs in Kolkata, was elected president of the All India Football Federation.

Overview

Kalyan Chaubey, who was a goalkeeper with the storied Mohun Bagan and East Bengal football clubs in Kolkata, was elected president of the All India Football Federation. Choubey got 33 votes in the 34-member electorate comprising representatives of various state associations. His opponent and former East Bengal teammate Bhaichung Bhutia, also 45, had to be content with a solitary vote.

The coffee giant Starbucks has appointed its new Indian-origin Chief Executive Officer, Laxman Narasimhan.

Overview

The coffee giant Starbucks has appointed its new Indian-origin Chief Executive Officer, Laxman Narasimhan. He will join Starbucks on October 1, after replacing Howard Schultz who will continue as interim chief until April 2023. The 55-years-old Indian, Narasimhan, has served as chief executive of Lysol and Enfamil baby formula, UK-based Reckitt Benckiser Group PLC.

About the Starbucks Corporation:

• Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States.
• Starbucks needed more workers to meet its growth goals. The company had said that it aims to open more than 20,000 cafes globally by the end of the decade. It also needs to improve investor sentiment toward the stock. Starbucks stock, which has trailed other restaurant company shares in recent months, climbed roughly 8% since Schultz’s return was announced last year.

Apeksha Fernandes became the first Indian woman to make the Junior World finals by finishing eighth overall. Apeksha Fernandes sets a new national record with a time record of 2:18.18.

Overview 

Apeksha Fernandes became the first Indian woman to make the Junior World finals by finishing eighth overall. Apeksha Fernandes sets a new national record with a time record of 2:18.18. She finished eighth in the women’s 200m butterfly finals by clocking 2:19.14 at the FINA World Junior Swimming Championships 2022.

The previous National record was set in June 2022 at 2:18.39 which was set by Apeksha Fernandes. She has one of the fastest reaction times of 0.65s.

• In men’s 200m freestyle heats, Vedaant Madhavan was disqualified due to a false start. Sambhavv Rama Rao also did not qualify for the eight-man final, he finished 27th overall in 1:55:71. David Popovici from Romania has crowned the junior World champion in 200m freestyle. David Popovici earlier won the European Junior Championship, World Championship, and European Championship. His time record for getting gold was 1:46.18 creating a new championship record.

World Bank Applauds India's Effective Response to the COVID-19: The World Bank acknowledged that the Indian government's efforts and strategies to fight the COVID-19 pandemic.

Overview

World Bank Applauds India’s Effective Response to the COVID-19: The World Bank acknowledged the Indian government’s decision to have centralised procurement, support for long-term market development and production of Emergency Medical Equipment (EME). Early export restrictions worked in its favour during the public health emergency in the country in a paper titled “India Covid-19 Procurement: Challenges, Innovations, and Lessons.”

World Bank Applauds India’s Effective Response to the COVID-19: Key Points

• The health ministry shared in a report detailing the difficulties, innovations, and lessons learned in the purchase of crucial medical supplies, the World Bank praised India’s efforts to combat the Covid-19 outbreak.
• According to the report, the development of strong inter-ministerial bodies enabled the government to decide quickly on a centralised procurement to aid the states.
• Flexible terms may be used in fast-track procurement under the current budgetary and legal constraints, and empowered groups hastened decision-making.
• This initially permitted increased imports and later the growth of local markets, it claimed.
• The “Covid-19 Emergency Response and Health Systems Strengthening Project” was jointly funded by the World Bank and the Asian Infrastructure Investment Bank (AIIB) for $1.5 billion (Rs 11,983.5 crore).