• World Steel Association (WSA) has elected Sajjan Jindal, Chairman and Managing Director of JSW Steel Ltd, as Chairman for the year 2021-22.
• Jindal is the first representative from India to serve as Chairman of the WSA. JSW Steel is the flagship business of the diversified $13 billion JSW Group and engaged in the manufacturing of iron and steel products in India and across the globe.
• Worldsteel acts as the focal point for the steel industry, providing global leadership on all major strategic issues impacting the industry, particularly focusing on economic, environmental and social sustainability.

• International E-Waste Day (IEWD) is observed every year on 14 October every year to promote the correct disposal of e-waste throughout the world, increasing re-use, recovery and recycling rates.
• Theme for 2021 IEWD: Consumer is the key to Circular Economy!
• 2021 is the 4th edition of the International E-Waste Day.
• IEWD was developed in 2018 by WEEE Forum, an international association of e-waste collection schemes, with the support of its members.

• India has retained 3rd rank in 58th Renewable Energy Country Attractiveness Index (RECAI) released by Ernst & Young
• 2021 RECAI ranked top 40 global markets of the world on attractiveness of their renewable energy investment and deployment opportunities
• Top performer: US, followed by China
• New PPA Index has been introduced in this edition of RECAI focuses on the attractiveness of renewable power procurement and ranks the growth potential of corporate PPA market

• Delhi Transport Dept will soon issue QR based Smart cards for driving licenses (DLs) and registration certificates (RCs) for digitization the DL system.
• New driving license will have an advanced microchip with features like QR code and Near Field Communication .
• It will have owner's name on the front while microchip and QR will be embedded at the back of the card.
• It will also enable unification in linking and validating information to smart cards with Sarathi and Vahan.

• Meghalaya CM Conrad Sangma has launched Special Postal Covers of Pa Togan N. Sangma and Citrus Indica (Memang Narang) at Williamnagar.
• It was launched to mark the 75th Year of Independence which is being observed as Azadi Ka Amrit Mahotsav.
• It is a befitting tribute of the heroic legendary freedom fighter from the Garo Hills
• Meghalaya will come up with a special financial support to create infrastructure to be dedicated in memory of Pa Togan Sangma at Chisolbibra

• Asian Development Bank (ADB) has announced to increase its climate financing goals 2019-2030 for developing member countries (DMCs) by $20 billion to $100 billion
• Prior to this, ADB had announced $80 billion goal for climate financing in 2018 for developing countries in Asia during 2019-2030
• Additional $20 billion in financing support will be used for climate mitigation efforts including low-carbon energy sources, etc

• National Highways Authority of India (NHAI) signs MoU with Tamil Nadu Industrial Development Corporation (TIDCO) for development of a Multimodal Logistics Park (MMLP) at VOC Port in Chennai.
• It will be developed through Public Private Partnership, providing land and connectivity and the actual MMLP infrastructure to be developed by a private developer.
• All the three stake holders viz, Chennai Port Authority, TIDCO and NHAI will be equity partners in the proposed SVP.

• Department of Posts has launched digital version of the Postal Life Insurance policy bonds, termed as ‘ePLI bond’, on the occasion of Azadi Ka Amrit Mahotsav.
• ePLI bond is first the digital integration of Postal Department with Digilocker that will greatly facilitate citizens, providing ease of access and quick claim settlements.
• It is made available in collaboration with DIGILOCKER, National eGovernance Division (NeGD), Ministry of Electronics & IT (MeitY). ​​

• Arun Kumar Mishra has been appointed as the chief executive officer (CEO) of Energy Efficiency Services Ltd (EESL).
• He is a veteran in the energy sector, with more than three decades of experience in NTPC and Power Grid Corporation of India Ltd.
• EESL is a joint venture between NTPC Ltd, Power Finance Corporation, REC and PowerGrid, was set up under the power ministry to facilitate the implementation of energy efficiency projects.

• Govt has accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), thus giving PFC greater operational and financial autonomy by Dept of Public Enterprises
• It will enable PFC to offer competitive financing for power sector, which will go a long way in making available affordable & reliable ‘Power For All 24x7’.
• PFC was incorporated in 1986 and is the largest Infrastructure Finance Company under the administrative control of Ministry of Power.

Download Daily GK PDF of 14 October 2021