 The International Day of Older Persons is observed on October 1 each year to recognize the contributions of older persons and to examine issues that affect their lives. The theme for the 2018 celebration is “Celebrating Older Human Rights champions”. On December 14, 1990, the United Nations General Assembly voted to establish October 1 as the International Day of Older Persons. The day was observed for the first time onOctober 1, 1991. The day is celebrated by raising awareness about issues affecting the elderly, such as senescence and elder abuse. |
| Source- The United Nations |
 The United Nations has designated the first Monday of October of every year as World Habitat Day. The theme for World Habitat Day 1 October 2018 is Municipal Solid Waste Management. World Habitat Day was established in 1985 by the United Nations General Assemblythrough Resolution 40/202 and was first celebrated in 1986. The purpose of World Habitat Day is to reflect on the state of our towns and cities, and on the basic right of all to adequate shelter. |
| Source- The United Nations |
 PM Narendra Modi inaugurated Sardar Vallabhbhai Patel’s memorial on the leader’s 143rd birth anniversary in Gujarat’s Narmada district. Called the Statue of Unity, the bronze sculpture is the world’s tallest statue measuring 600 feet (182m) and overshadows China’s Spring Temple Buddha (153m) and USA’s Statue of Liberty (93m). The memorial was constructed in 33 months at Rs2,989 crore. |
| Source- India Today |
 Renowned harmonium player Pandit Tulsidas Borkar passed away in Mumbai. He was 84. He was being treated for chest infection. Born in Goa, Borkar made a name for himself as an accomplished harmonium player and was conferred with the Padma Shri award in 2016. He was also a recipient of the Sangeet Natak Akademi Award. |
| Source- Business Standard |
 According to Association of Mutual Funds of India’s (AMFI) statistics, Maharashtra tops the chart for state with the maximum penetration and Assets Under Management (AUM). Also, as per August, average assets under management (AUM) of mutual funds rose to an all-time high of Rs 25.2 lakh crore across the country. For Maharashtra, it touched Rs 10.35 lakh crore, about 41.1% of the all-India total. It is followed by Delhi having Rs 2.35 lakh crore and Karnataka having Rs 1.76 lakh crore. |
| Source- DD News |
 Prime Minister Narendra Modi has inaugurated various projects in Gujarat. He inaugurated modern food processing facilities, including Amul’s ultra-modern Chocolate Plant in Anand. Development projects worth Rs. 1100 crore have either been inaugurated or their foundation stones have been laid. These projects are associated with the dairy, food processing, agriculture and energy sectors. |
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The Various Projects launched/Inaugurated are as follows:
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| Source- DD News |
 The Government constituted a seven-member ministerial panel headed by Bihar Deputy Chief Minister Sushil Modi to examine modalities for revenue mobilisation in case of natural calamities and disasters. The panel would look into five issues flagged by the Council, including whether the new tax should be levied only in the state concerned or should it be an all-India levy, and that should it be on specified luxury or sin goods only. |
| Source- The Times of India |
 In pursuance of its objective of ensuring that Legislation is in sync with the needs of strong economic fundamentals, the Government has constituted a Competition Law Review Committee to review the Competition Act. The Committee will be headed by Injeti Srinivas, Secretary of the Union Ministry of Corporate Affairs. The Competition Act was passed in the year 2002 and the Competition Commission of India was set up in pursuance of the same. The Commission started functioning in right earnest from 2009. |
| Source- Press Information Bureau (PIB) |
 Assam Government has become the first Indian state to offer a Wage Compensation Scheme for pregnant women working in the tea gardens of the state. The scheme will be launched by Assam Chief Minister Sarbanand Sonowal in Guwahati. The announcement was made by the state’s Health and Finance Minister Himanta Biswa Sarma. Under the scheme, an amount of Rs 12,000 will be given to the pregnant women so that they can take care of themselves and the unborn baby. The compensation of wages to pregnant women will be given in 4 instalments – Rs 2,000 in the first trimester, Rs 4,000 in the second trimester, Rs 3,000 for institutional delivery and Rs 3,000 for registration of the child’s birth. |
| Source- All India Radio |
 Prime Minister Narendra Modi has inaugurated the state-of-the-art chocolate plant of Amul dairy set up with an investment of about 190 crore rupees at Mogar village in Anand district of Gujarat. Mr Modi also inaugurated a take-home ration plant of 600 tonnes per day and a ready-to-use therapeutic food plant with monthly capacity of 600 tonnes along with the incubation center cum center of excellence in food processing for promoting entrepreneurs and startup. |
Static/Current Takeaways Important for NIACL Assistant Mains-
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| Source- AIR News |
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