This article provides a comprehensive overview of important events and developments related to Daily Current Affairs 11 October 2024, covering topics such as the National Edible Oil Mission, the unveiling of the Maha Kumbh Mela 2025 logo, and advancements in citizen safety technology in Malaysia. It also discusses global defense collaborations, efforts to boost e-commerce in India, and key maritime exercises. Additionally, the article highlights LIC’s increased stake in the Bank of Maharashtra, further strengthening the financial sector. Stay informed with the latest updates on Daily Current Affairs 11 October 2024.
History of 11th October
- 1889: Famous Gandhian thinker and educationist Magan Bhai Daisy was born.
- 1911: Sister Nivedita, associate and teacher of Vivekananda and social worker, passed away.
- 1737: 3 lakh people died in an earthquake in Calcutta; half the city was destroyed in this natural calamity.
- 1521: Christian religious leader Pope Leo X conferred the title of Protector of Religion on King Henry VIII of England.
Current Affairs Related to 11th October 2024
The Cabinet approved the National Edible Oil Mission
Oilseeds for the period 2024-2025 to 2030-2031. This is a landmark initiative aimed at promoting domestic oilseed production and achieving self-sufficiency in edible oils. The mission will be implemented over a period of seven years from 2024-2025 to 2030-2031 with a financial outlay of Rs 10103 crore. The objective of NMEO Oilseeds is to promote the production of major oilseed crops such as mustard, groundnut, soybean, sunflower, and sesame. Along with this, the collection and extraction efficiency from secondary sources like cotton seeds, rice bran, and tree-borne oils is also to be increased.
To enhance citizen safety, Malaysia Police
Has set up a commando and control centre equipped with advanced technology, which is a vital part of the public safety measures. It is the first to incorporate rich trends in urban policing that provide better professional equipment and modern technology for crime control. The centre will have three monitors for each officer, allowing them to monitor three locations simultaneously.
The Department of Posts and one of the world’s largest e-commerce companies
Have signed a Memorandum of Understanding to promote India’s growing e-commerce sector. The aim of this partnership is to promote logistics, help create and contribute to economic growth. The MoU is based on a stable venture, which allows the use of the extensive postal network across India.
Uttar Pradesh Chief Minister Yogi Adityanath
Unveiled the new multi-coloured logo for Maha Kumbh 2025. Kumbh Mela, which is a symbol of intangible cultural heritage of humanity, is considered the world’s largest gathering of Ganga pilgrims. Kumbh Mela 2025 will be held from 14 January to 26 February 2025 in Assam, Uttar Pradesh, where devotees from all over the world will celebrate faith, tradition, and cultural wonders.
Malabar Exercise 2024
Will be held from 8 October to 18 October in Visakhapatnam, Andhra Pradesh. India is being hosted by Australia, Japan, and the US in this year’s exercise. The exercise will begin with a harbor phase, followed by a sea phase. Malabar 2024 aims to achieve cooperation and enterprise among the participating navies. Its goal is to create a state of awareness in the maritime domain through coordinated and coordinated maritime operations.
Navratna defence PSU Bharat Electronics Limited and Israel Aerospace Industries
Have announced the formation of a joint venture company called BEL IAI Aerosystems Private Limited. It will be the overall point of contact for providing long-term production support to medium-range surface-to-air missile systems of India’s defence forces. The JVC has been set up to provide both technical and maintenance support.
Life Insurance Corporation of India
Has increased its stake in Bank of Maharashtra from 4.05% to 7.10%, a review filing showed. The increase is through 25.96 crore equity shares at a market price of Rs 57.36 per share and is raised through Quali Equity Institutional Shares. The move reflects LIC’s confidence in the bank’s growth and is aimed at strengthening its balance sheet to support expansion.
Disclaimer:
All news sources referenced in this article are derived from reputable publications, including The Hindu, Times of India, India Today, and Press Information Bureau (PIB). The information provided is for educational and informational purposes only.
Additionally, all images included in this article are AI-generated and are intended for visualization purposes only. They do not represent real events or individuals.
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