August 2020 BOLT PDF
August 2020 BOLT PDF
August 2020 BOLT PDF
August 2020
Table of Contents
Banking ............................................................................................................. 3
Economy ............................................................................................................ 8
National ............................................................................................................. 9
International ..................................................................................................... 15
State ............................................................................................................... 18
Sports .............................................................................................................. 26
Agreements ...................................................................................................... 29
Schemes .......................................................................................................... 34
Appointments ................................................................................................... 36
Awards ............................................................................................................ 41
Ranks & Reports................................................................................................ 44
Important Days ................................................................................................. 47
Summit & Conferences ....................................................................................... 50
Science & Technology ........................................................................................ 52
Defence ........................................................................................................... 55
Books & Authors ............................................................................................... 56
Miscellaneous.................................................................................................... 58
Obituary ........................................................................................................... 59
Person in news .................................................................................................. 63
Insurance ......................................................................................................... 66
India & World ................................................................................................... 68
Environment ..................................................................................................... 71
Apps & Portals .................................................................................................. 72
Acquisitions & Mergers ....................................................................................... 74
www.oliveboard.in
www.oliveboard.in
Banking
1. Bandhan Bank holding firm sells 20.95% stake to meet RBI norms
Bandhan Bank has met the promoter holding norms of the Reserve Bank of India
(RBI) after its holding company Bandhan Financial Holdings Ltd (BFHL) sold 20.95%
stake in the bank to at least seven investors. GIC is an existing shareholder of
Bandhan Bank. Bandhan Bank, CEO Chandra Shekhar Ghosh.
2. BOB Financial Solutions Limited partners Fiserv Technology for Digital
Transformation
It will enable the digitization of their end-to-end card issuance and processing cycle
and support the unveiling of several new and high-tech products namely contactless
credit cards, tokenisation & integration with branded wallets, & virtual credit cards.
Shailendra Singh, MD and CEO at BOB Financial Solutions Limited.
3. NPCI launches loyalty platform ‘nth Rewards’
NPCI launched a business intelligence and analytics enabled omni-channel multi-
branded loyalty platform, nth Rewards. It will allow users to earn points through
various bank transactions and redeem them on various products, such as e-vouchers.
NPCI is an umbrella organization for all retail payment systems.
4. RBI to set up ‘innovation hub’ to promote financial inclusion, efficient
banking
RBI launched ‘Innovation Hub’ for ideation & incubation of new capabilities that can be
leveraged to deepen financial inclusion. The hub is being launched to promote the
start-ups in the country. It will help in ideation and incubation of new capabilities.
Criteria of minimum net worth for Sandbox entities- Rs 25 lakh.
5. RBI permits banks to invest in debt instruments through mutual funds
RBI has permitted banks to invest in debt instruments through mutual funds or
exchange traded funds without allocating additional charges. This will result in
substantial capital savings for banks & is expected to give a boost to the corporate
bond market. Debt instrument examples-Bond, Commercial Paper, CD, G-Secs.
6. RBI announces loan restructuring window for corporates
MSME borrowers would be eligible for restructuring of debt if their accounts were
classified standard. RBI Governor Shaktikanta Das also raised the Loan to value ratio
against gold to 90% from current 75% to mitigate COVID 19 impact on households.
RBI was established on 1 April 1935, under the RBI Act, 1934.
7. IBBI amends Insolvency & Bankruptcy Board of India, Liquidation Process,
Third Amendment, Regulations, 2020
The Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy
Board of India, Liquidation Process, Third Amendment, Regulations, 2020. The
Regulations require the committee of creditors to fix the fee payable to the liquidator.
IBBI Chairman- M. S. Sahoo, Headquarters- New Delhi.
8. RBI bars banks from opening current accounts for customers having
availed cash credit or overdraft facilities
RBI barred banks from opening current accounts for customers who have availed cash
credit or overdraft facilities, with a view to improve credit discipline. Rather than
opening a new current account, all transactions should be routed through these.
Minimum balance requirement for Current Account- Rs. 10,000.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
classification from 30 June 2021. As of March 2019, there were 1, 544 UCBs in
India.
18. Core investment companies can have only two layers: RBI
The Reserve Bank of India has mandated the number of layers of Core Investment
Companies (CICs) within a group, including the parent, to be not more than two. This
is irrespective of the extent of direct or indirect control CIC exercises in another. The
report of working group on CICs was released in Nov 2019.
19. Digital Apnayen: PNB launches campaign to encourage digital banking
PNB launched DIGITAL APNAYEN, to encourage customers use digital banking
channels. The bank will contribute Rs 5 towards PM CARES Fund behalf of each
customer making the first transaction to activate RuPay Debit card either on PoS or e-
commerce platform. The campaign is valid till March 31, 2021.
20. RBL Bank onboards Accenture for digital transformation journey
Mumbai based RBL Bank has signed on information technology (IT) services and
consultancy firm Accenture for its digital transformation initiatives. Accenture will help
RBL bank to upgrade its IT systems to improve operational efficiency. RBL Bank CEO:
Vishwavir Ahuja. HQ: Mumbai.
21. Kotak Mahindra Bank goes live with CRMNEXT
Kotak Mahindra Bank has implemented CRMNEXT to enable the bank to deliver end-
to-end digital and paperless journeys to serve customers. This new unified digital
platform enhances digital capabilities to sell and services customers across any
touchpoint. Kotak Mahindra Bank HQ: Mumbai. CEO: Uday Kotak.
22. Lakshmi Vilas Bank launches instant account opening facility
Lakshmi Vilas Bank launched LVB DigiGo, a digital initiative to enable opening of
savings account instantly to help people to avail the most required banking services
through website. It can be converted to a fully-featured account, upon visiting a
branch. S Sundar - interim MD & CEO of LVB. HQ: Chennai.
23. Fino Payments Bank unveils digital savings account
Fino Payments Bank has launched Jan BachatKhata (JBK), an Aadhaar Authentication-
based digital savings account bringing neo-banking experience for customers. The
primary segment would be low-income household families and beneficiaries of
government’s DBT. Fino Pay Tech HQ: Mumbai. CEO: Rishi Gupta.
24. RBI unveils framework for umbrella entity to manage payment systems
RBI unveiled the framework to set up a pan-India umbrella entity with a minimum
capital of Rs 500 crore, which will set up, manage and operate new payment systems
in the retail payment space & invited applications from eligible companies by Feb 26,
2021. Minimum net worth of Rs 300 crore to be maintained at all times.
25. SBI waives off SMS charges for all savings accounts
SBI has waived off SMS charges in addition to its penalty waiver on non-maintenance
of minimum balance for all its Savings Accounts. SBI has over 44 crore savings
accounts. It is applicable to all Savings Account with cheque or Internet Banking
facilities. It levied a penalty of ₹ 5 – ₹15 for non-maintenance of balance.
26. Yes Bank unveils ‘loan against securities’
Yes Bank has introduced digital ‘Loan against Securities’, to enable customers to lien
mark their mutual funds with KFin Technologies, digitally and avail quick loans. This
feature has been introduced under the bank’s ‘Loan in Seconds’ platform. Sreekanth
Nadella – CEO of KFin Technologies.
www.oliveboard.in
www.oliveboard.in
27. Tata Capital launches Swift Insta Personal loan via WhatsApp
Tata Capital, the financial services subsidiary of Tata Group launched of ‘Swift Insta
Personal Loan’ (SIPL) on WhatsApp where existing customers can easily apply loans
and receive sanctions for personal loans using the company’s chatbot TIA on
WhatsApp. Tata Capital CEO: Rajiv Sabharwal. HQ: Mumbai.
28. RBI unveils 5-year national strategy for financial education
The National Strategy for Financial Education (NSFE): 2020-2025 document, the
second one after the 2013-18 NSFE, released by the Reserve Bank of India (RBI)
recommended a ‘5 C’ approach for dissemination of financial education in the country.
The strategy for education to be implemented in the next 5 years.
29. HSBC: first foreign bank in India to launch ‘green deposit’
HSBC, in line with its global offerings, has launched a green deposit programme in
India for its corporate clients, thus offering them an avenue to support eco-friendly
projects. The money collected will finance green initiatives such as renewable energy.
Recently, HSBC financed 250 MW wind power project at Kutch.
30. Unitus Ventures secures investment of Rs 75 crore from SIDBI bank
Unitus Ventures has secured an investment of Rs 75 crore (USD 10 million) under
SIDBI's Fund of Funds for Start-ups initiative. Funds received from SIDBI will
strengthen the deployment of Unitus' second fund that was launched in 2018. Small
industrial Development Bank of India HQ: Lucknow.
31. NABARD launches credit guarantee programme for NBFC-MFIs
NABARD introduced dedicated debt & credit guarantee product to ensure flow of
credit. Product Structured Finance & Partial Guarantee Programme to NBFC-
MFIs provides partial guarantee on pooled loans extended to small & mid-sized micro
finance institutions. NABARD Chairman: Govinda Rajulu Chintala.
32. India and AIIB sign USD 500 million loan agreement for Mumbai Urban
Transport Project-III
Centre, Maharashtra Government, Mumbai Railway Vikas Corporation and the AIIB
signed a loan agreement for $ 500 million Mumbai Urban Transport Project-III to
improve the network capacity, service quality and safety of the suburban railway
system in Mumbai. Loan from AIIB has 5 year grace period & maturity of 30 years.
33. Paytm Payments Bank enables banking services through Aadhaar cards
Paytm Payments Bank (PPBL) enabled banking services through Aadhaar by
integrating with AePS. Customers can access to basic banking services such as cash
withdrawal, balance enquiry, etc., via business correspondent of any banking &
financial institution. AePS: Aadhaar enabled Payment System.
34. India's overall growth projected at minus 4.5% for 2020-21: RBI
The Reserve Bank of India (RBI) said on its 2019-20 annual report, wherein it has
stated that India’s growth is projected at minus 4.5 percent for 2020-21.It
expected headline inflation to remain elevated in Q2:2020-21. Reserve Bank of India,
Headquarters- Mumbai.
35. RBI announces OMO of govt securities worth ₹20,000 crore
The Reserve Bank of India (RBI) has announced open market operations or OMO of
government securities for an aggregate amount of ₹20,000 crores in two tranches of
₹10,000 crores each. The auction to take place in two tranches of ₹ 10,000 crores
each. OMO tries to regulate the money supply in the economy.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Economy
www.oliveboard.in
www.oliveboard.in
National
www.oliveboard.in
www.oliveboard.in
Air Fibre, more connections will be provided on demand in a very quick time. BSNL
Chairman and Managing Director, P K Purwar.
9. Ministry of Tourism holds its 44th webinar on "Heritage Tourism in
Gujarat" under Dekho Apna Desh series
The state encompasses some sites of the ancient Indus Valley Civilisation, such as
Lothal, Dholavira and GolaDhoro. Lothal is believed to be one of the world's first
seaports. Gujarat's coastal cities, chiefly Bharuch and Khambhat, served as ports. The
walled city of Ahmedabad was founded by Sultan Ahmad Shah.
10. IFSCA constitutes panel for development of international retail business
in IFSC
The committee will recommend a roadmap for the future growth of international retail
business in IFSC. The committee, headed by Indasia Fund Advisors Pvt Ltd
Chairman Pradip Shah, may invite industry experts as special invitees on need
basis. International Financial Services Centre Authority (IFSCA).
11. PM Modi inaugurates Rashtriya Swachhata Kendra in Delhi's Raj Ghat
PM Modi inaugurated the Rashtriya Swachhata Kendra, an interactive experience
centre on Swachh Bharat Mission & "Gandagi Mukt Bharat" (dirt-free India) campaign
on the occasion of centenary celebrations of Gandhiji's Champaran Satyagraha, at Raj
Ghat. Raj Ghat is the memorial of Mahatma Gandhi.
12. India to put import embargo on 101 defence items: Atma Nirbhar Bharat
Initiative
Defence Ministry to introduce import embargo on 101 items to boost indigenisation of
defence production. Govt intends to reach a turnover of $25 billion through
indigenously manufactured defence products and expects to export products worth $5
billion. Minister of State for Defence: Subhash Ramrao Bhamre.
13. PM Modi to launch submarine cable connectivity for Andaman & Nicobar
PM Modi to inaugurate the submarine Optical Fibre Cable (OFC) connecting Chennai
and Port Blair. The submarine cable will also connect Port Blair to Swaraj Dweep
(Havelock), Little Andaman, Car Nicobar, Kamorta, Great Nicobar, Long Island, and
Rangat. Port Blair is the capital of Andaman & Nicobar Islands.
14. Centre Constitutes Panel to fix ceiling rates under RoDTEP scheme
The Central Board of Indirect Taxes and Customs (CBIC) has constituted a three-
member committee to determine the ceiling rates for reimbursement of taxes and
duties to exporters under the Remission of Duties and Taxes on Export Products
(RoDTEP) scheme. Chairman of the committee: G K Pillai, Former Home
Secretary.
15. PM Modi inaugurates Rashtriya Swachhata Kendra
Prime Minister Narendra Modi inaugurated the ‘Rashtriya Swachhata
Kendra’(RSK), an interactive experience centre on the Swachh Bharat Mission, in
New Delhi. The prime minister announced a week-long campaign from August 8 to 15
to free India of garbage. RSK was first announced by PM in 2017.
16. Finance Minister launches online dashboard for National Infrastructure
Pipeline
Fin Min Nirmala Sitharaman inaugurated National Infrastructure Pipeline (NIP) Online
Dashboard. It will be a one-stop solution for all stakeholders looking for information on
infrastructure projects in India. It is being hosted on the India Investment Grid NIP
includes economic and social infrastructural projects.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
enhance maritime security. The launching ceremony was held at Goa Shipyard.
Director General Indian Coast Guard: K Natarajan. HQ: New Delhi.
26. Finance Minister holds 3rd review meeting of CPSEs on CAPEX
Sitharaman met with secretaries of ministries of defence, shipping, road transport,
housing & urban affairs & the dept of telecommunications, along with the heads of
some PSUs under these ministries to review the capital expenditure in this financial
year. CAPEX target for FY 2020-21 for these 7 CPSEs is Rs. 124825 cr.
27. PM Modi launches National Digital Health Mission; Every Indian to have
Health IDs
At a time when India is battling a pandemic PM Modi has launched the National Digital
Health Mission, to revolutionize the health sector, in his address on India’s 74th
Independence Day. Under this, every Indian would receive a unique health identity
card. All the health details will be registered in this health card.
28. Ministry of Social Justice and Empowerment launches 'Nasha-Mukt
Bharat' campaign in J&K
With an aim to curb the menace of Drug Addiction in the society Directorate of Social
Welfare launched 'Nasha-Mukt Bharat'- Drug-free India campaign of the Ministry of
Social Justice and Empowerment, in the Union Territory of Jammu and Kashmir. It is
being run in 272 districts of India & 10 districts of J&K.
29. All villages to be connected with optical fibre in next 1,000 days
PM Modi in his address on the Independence Day said that in the coming one thousand
days, every village in the country will be connected with Optical Fibre Cable (OFC). He
also announced a new policy on cybersecurity to be unveiled shortly. Connectivity via
submarine OFC to be launched in Lakshadweep.
30. Indian Railways constructing world’s tallest pier bridge across river Ijai
in Manipur
Indian Railways' North East Frontier Railway zone has constructed the world's tallest
pier bridge in the North-Eastern state of Manipur to provide connectivity. It is
constructed across river Ijai near Noney. Its tallest pier height will be of 141 meters.
The total length of the bridge will be 703 meters.
31. Government aims to create five crore jobs in MSME sector: Nitin Gadkari
Speaking at SWAVALAMBAN E-Summit 2020 organised by 'Lets Endorse Development'
NGO in Delhi, MSME Minister said that govt will increase MSME exports to 60% from
48% & create 5 crore jobs in next 5 years. According to him, 11 crore jobs were
created so far. Minister of MSME: Nitin Jairam Gadkari.
32. NTPC develops infrastructure at Rihand project for increased use of fly
ash
To transport fly ash to cement plants located at distance, National Thermal Power
Corporation developed infrastructure at Rihand project in Uttar Pradesh. This project is
in line with NTPC's commitment towards 100% utilisation of fly ash from power plants.
Rihand Power Station is located in Sonbhadra district of UP.
33. Railways to deploy ‘Ninja UAVs’ for surveillance
Indian Railways is deploying Ninja UAVs for establishing a drone-based surveillance
system in a bid to intensify its security mechanism across its network. NINJA UAVs are
lightweight and economical micro contraptions built for mapping and surveillance. UAV
stands for Unmanned Aerial Vehicle.
www.oliveboard.in
www.oliveboard.in
34. National Recruitment Agency gets Cabinet's nod. Common Eligibility Test
for govt jobs, PSBs
Union Cabinet approved a proposal to set up National Recruitment Agency that will
conduct Common Eligibility Test (CET) for selection to non-gazetted posts in the
central government and public sector banks. It aims to benefit job seeking youth in
India. The scores obtained will be valid for three years.
35. Govt launches Swadeshi Microprocessor Challenge
Electronics Minister launched Swadeshi Microprocessor Challenge - Innovate Solutions
for Atma-Nirbhar Bharat. IIT Madras and Centre for Development of Advance
Computing developed two microprocessors named SHAKTI and VEGA resp using
Open Source Architecture Union Electronics and IT Minister: Ravi Shankar Prasad.
36. Harsh Vardhan launches interactive first-of-its-kind video game 'Corona
Fighters' to spread awareness
Harsh Vardhan launched first-of-its-kind game on COVID-19, Corona Fighters. It
presents a new & creative way to teach people the right tools and behaviours to fight
Covid-19. He launched two new videos urging adherence to key COVID Appropriate
behaviours. Game is designed to influence payers’ actions in the real world.
37. Arjun Munda virtually launches 'TRIFOOD' Project in Raigad, Jagdalpur
Arjun Munda launched the tertiary processing centres under 'TRIFOOD' project at
Raigad and Jagdalpur. It aims at enhancing the income of Tribals through better
utilization & value addition to the Minor Forest Produces collected by tribal forest
gatherers. TRIFOOD is being implemented by TRIFED.
38. Central Government constitutes National Council for Transgender Persons
Under section 16 of Transgender Persons (Protection of Rights) Act 2019, National
Council for Transgender Persons is constituted. Social Justice and Empowerment
Minister to be the ex-officio Chairperson & Minister of State to be ex-officio
Vice Chairperson. MoSJE Minister: Thaawarchand Gehlot. MoS: Krishan Pal Gurjar.
39. Govt announces Tax exemptions for businesses with annual turnover of
up to Rs 40 lakh
According to the Ministry of Finance businesses with an annual turnover of up to
Rs 40 Lakh are GST exempt. Initially, this limit was Rs 20 Lakh. Additionally,
those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay
only 1% tax. GST which subsumed 17 local levies was rolled out on July 1 ‘17.
40. India's longest river ropeway connecting Guwahati and North Guwahati
over Brahmaputra river inaugurated
India's longest river ropeway connecting north and south banks of
Brahmaputra river was inaugurated in Guwahati. The 2-km long ropeway built at
a cost of Rs 56 crore is for the first time ropeway towers were made deep inside the
bed of India’s major river. The travel time b/w both banks to be reduced to just 8
minutes.
41. Government launches 'Open API Service' in Aarogya Setu app
The team handling Aarogya Setu has introduced Open API Service to help the people,
businesses and the economy to return to normalcy. This can be availed by
organisations and business entities, who are registered in India with more than 50
employees. It is the most downloaded contact tracing app in the world.
www.oliveboard.in
www.oliveboard.in
42. Govt mulls Rs 3,000 crore ‘Mission COVID Suraksha’ to accelerate vaccine
development
The mission, piloted by the Department of Biotechnology (DBT), Ministry of Science
and Technology, Government of India, aims at the mission to make the Covid-19
vaccine easily available to the public at affordable rates. The mission is in a proposal
stage. Ministry of Science and Technology, Officeholder: Harsh Vardhan
43. Ministry of Tourism organises the 50th webinar titled "Cultural heritage
of Hyderabad" under DekhoApnaDesh series
The webinar showcased the culture of Hyderabad which is quite distinct from the rest
of Telangana with its strong Islamic influences inherited from the period of the Nizam
rule, which is starkly visible on Hyderabad's architecture, food, lifestyle. Hyderabad is
popularly known as the "City of Pearls".
44. DoPPW to integrate e- Pension Payment Order with Digi Locker
It will create a permanent record of their PPO in their Digi Locker and at the same
time eliminate delays in reaching the PPO to new Pensioners, as well as the necessity
of handing over a physical copy. The facility has been created with Bhavisya Software.
Department of Pension & Pensioners’ Welfare, DoPPW.
45. Centre to develop three Bamboo Clusters in Jammu, Katra and Samba
areas of J&K
Minister of Development of NE-Region, Dr Jitendra Singh said that 3 Bamboo Clusters
will be developed in Jammu, Katra & Samba areas for making of Bamboo basketry,
Agarbatti & Bamboo Charcol that will provide direct employment to nearly 25000
people. Mega Bamboo Industrial Park at Ghati near Jammu to also come up.
46. Govt releases Draft Health Data Management Policy for public
consultation
The National Health Authority (NHA) has released the Draft Health Data Management
Policy of the National Digital Health Mission (NDHM) in the public domain. The NDHM
was announced on the occasion of the 74th Independence Day of India. Indu
Bhushan, Chief Executive Officer, National Health Authority.
www.oliveboard.in
www.oliveboard.in
International
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
of the plant’s first reactor to meet 25% of its electricity needs from nuclear power.
UAE is 3rd largest oil-producing in the OPEC.
18. Mali President Ibrahim Boubacar Kita resigns amid military coup
Mali's President Ibrahim Boubacar Keita resigned hours after soldiers (National
Committee for the Salvation of the People) seized him as part of a coup following
months of mass protests against alleged corruption and worsening security in the
country. Mali Capital: Bamako. Currency: West African CFA Franc.
19. India, Japan, and Australia to launch ‘Supply Chain Resilience Initiative’
to counter China
Japan, India & Australia are seeking to build stronger supply chains to counter China’s
dominance. The intensifying US-China conflict and worsening diplomatic relations are
forcing companies to consider whether they can continue to do business in China.
Capitals: Japan- Tokyo, Australia- Canberra, China- Beijing.
20. China launches new optical remote-sensing satellite
China launched optical remote-sensing satellite named Gaofen-9 05 from the
Jiuquan Satellite Launch Centre. It was sent into orbit by Long March-2D carrier
rocket. A multifunctional test satellite and another satellite named Tiantuo-5 were also
launched. It was 343rd mission of the Long March rocket series.
21. World Health Organization declares Africa free of polio
World Health Organization has declared Africa free of polio, a landmark in a decades-
long campaign to eradicate the notorious disease around the world. This was
announced by WHO Regional Director of Africa, Dr Matshidiso Moeti. World Health
Organization HQs-Geneva, Switzerland.
22. India co-sponsors UN security council resolution on women peacekeepers
India has co-sponsored a security council resolution that calls for full, effective &
meaningful participation of women personnel in peacekeeping operations which was
put forth by Indonesia. India is one of the largest troop contributors to UN
peacekeeping India is a non-permanent member of the UNSC for a two-year term.
23. Shinzo Abe, Japan’s longest-serving Prime Minister, quits
Japanese PM Shinzo Abe has announced his resignation for health reasons. The 65-
year-old has suffered for many years from ulcerative colitis. Last year, he became
Japan's longest serving prime minister. His current period in office began in 2012. His
aggressive economic policy is known as "Abenomics".
24. Togo first in Africa to end sleeping sickness
Togo has become the first country in Africa to eliminate human African
Trypanosomiasis or sleeping sickness, a disease caused by parasites transmitted
through infected tsetse flies. The World Health Organization (WHO) certified. Lome is
the capital of Togo. Togo did not report any cases in the past 10 years
25. NASA maps trace causes of global mangrove habitat loss
National Aeronautics and Space Administration (NASA) has created the first map of
the causes of change in global mangrove habitats between 2000 and 2016. The team
used high-resolution data from the joint NASA-US Geological Survey Landsat program.
NASA Founder, Dwight D. Eisenhower.
www.oliveboard.in
www.oliveboard.in
State
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
17. Mumbai’s Dadar becomes the first city to have female icons on traffic
signals
In a bid to promote gender inclusivity, Brihanmumbai Municipal Corporation (BMC)
installed traffic signals that display female icons sporting triangular frock, a shift from
default representation of men. Mumbai has become the first city in India to do so.
Countries like Germany, Australia and Vienna have female icons.
18. Gujarat Launches New Scheme To Compensate Farmers For Crop Loss
The Gujarat government launched a scheme, ‘Mukhya Mantri Kisan Sahay Yojana’
under which farmers facing crop losses due to drought, excess rain or rain to get
compensation without the collection of any premium from them. It replaces PM
Fasal Bima Yojana. It has been launched for FY 2020 – 21 only.
19. PFC to construct Modular Operation Theatres at District Hospital in Uttar
Pradesh
Government-owned Power Finance Corporation Ltd (PFC), an NBFC signed a
Memorandum of Association (MoA) with District Administration of Siddharthnagar in
Uttar Pradesh for construction of two Modular Operation Theatre Rooms in the District
Hospital. PFC to provide ₹ 94 Lakhs for execution via CSR initiative.
20. Assam govt to roll out Arunodoi scheme to provide financial assistance to
around 17 lakh families from Oct 2
With an aim to provide financial assistance to around 17 lakh families, the Assam
government to launch Arunodoi scheme from the 2nd of October. Under this
scheme an amount of Rs 830 to be given to eligible families per month to buy
essential food items. It will be the largest DBT Scheme in Assam.
21. Karnataka keen to set up immunology research centre
Karnataka is keen to establish immunology & vaccine research centre in Bengaluru,
the capital of Karnataka, in partnership with the Emory Vaccine Centre of Atlanta
University in view of the sector's gaining importance in the context of COVID-19
pandemic. Karnataka CM: B S Yediurappa.
22. HP govt launches Nutritional Immunity Boosting ‘Him Haldi Dudh’
Himachal Pradesh state government launched Nutritional Immunity Boosting ‘Him
Haldi Dudh(Turmeric Latte)’ manufactured by MILKFED. Him Haldi Dudh has been
developed by the Biotechnology Department of Punjabi University Patiala and has
been patented. Himachal Pradesh CM: Jai Ram Thakur.
23. UNESCO recognises two coastal villages of Odisha as Tsunami Ready
In a first, two coastal villages of Odisha have been recognised as being "Tsunami
Ready" by UNESCO for their overall preparedness to face the calamity. With this,
India became the first country in the Indian Ocean Region to achieve this
honour. 2 Villages: Venkatraipur in Ganjam & Noliasahi in Jagatsinghpur.
24. Price Monitoring and Resource Unit set up in Karnataka
A Price Monitoring and Resource Unit (PMRU) is set up in Karnataka under the aegis of
National Pharmaceutical Pricing Authority (NPPA). It will function at the state level
under the direct supervision of the state drug controller increasing its outreach. NPPA
Chairman: Shubhra Singh.
25. AP CM Jaganmohan Reddy launches YSR Cheyutha scheme
Andhra Pradesh CM YS Jaganmohan Reddy launched the YSR Cheyutha scheme to
empower socio-economically deprived women, by ushering them into entrepreneurship
www.oliveboard.in
www.oliveboard.in
and helping them build strong and rewarding businesses. It aims to benefit 23 Lakh
women. Andhra Pradesh Governor: Biswabhusan Harichandan.
26. Punjab Chief Minister launches Rs 92 crore Smart Connect Scheme
The Punjab Government took a digital leap with the state-wide launch of its Rs 92
crore Punjab Smart Connect Scheme. Chief Minister Capt. Amarinder Singh personally
handed over smartphones to six Class XII students in a symbolic gesture. Governor:
V. P. Singh Badnore.
27. Goa Govt Signs Agreement For German Vocational Training In ITIs
Goa government signed a tri-partite agreement to carry out German dual vocational
education & training in 10 Industrial Training Institutes of the state. It hopes to
address the need of training and enabling India’s youth for employment &
entrepreneurship. Goa CM: Pramod Sawant. Governor: Satya Pal Malik.
28. West Bengal Govt Launches Scheme To Provide Soft Loans, Subsidies To
Youth
The West Bengal government launched Karma Sathi Prakalpa scheme under which one
lakh unemployed youth would be provided soft loans and subsidies to make them self-
reliant. It was launched on the occasion of International Youth Day celebrated on
August 12. West Bengal CM: Mamata Banerjee. Governor: Jagdeep Dhankhar.
29. TERI launches flood and heavy rain warning system for Guwahati, in
collaboration with NDMA
The Energy and Resources Institute (TERI) & National Disaster Management Authority
(NDMA) have launched a Flood Early Warning System (FEWS), a fully automated web-
based tool for Guwahati to alert local authorities about flash floods and/or heavy
rainfall. The Energy and Resources Institute HQ: New Delhi.
30. Delhi govt inked MoU with Bloomberg Philanthropies to enhance road
safety
The Delhi government’s Transport Department, in a bid to enhance road safety in the
national capital, signed a Memorandum of Understanding (MoU) with prestigious
Bloomberg Philanthropies, joining 30 world cities in the initiative for global road
safety. Bloomberg Philanthropies HQ: New York, USA.
31. Telangana launches AI for agri innovation programme
The Telangana government launched the Artificial Intelligence for Agricultural
Innovation (AI4AI) programme in collaboration with the Centre for the Fourth
Industrial Revolution, India (C4IR), World Economic Forum to identify high impact use
cases of AI. Telangana declared 2020 as Year of AI to accelerate development.
32. Arunachal Pradesh launches Challenge Entrepreneurship Programme
Arunachal Pradesh CM Pema Khandu launched the Entrepreneurship Development
Programme that seeks to support and encourage local youths to become job creators
than job seekers and thereby solve the state's problems by applying their skills and
innovation. Arunachal Pradesh Capital: Itanagar. Governor: B. D. Mishra.
33. Gujarat High Court launches e-filing of cases
Gujarat high court launched e-filing of cases and an online facility to check the status
of cases. Chief Justice launched these services on Independence Day. He also directed
five exclusive counters for physical case filing amid Covid-19. Chief Justice of Gujarat
Hugh Court: Vikram Nath.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
also devise a mechanism to ensure employment to youths on the basis of their 10th &
12th mark sheets. Madhya Pradesh CM: Shivraj Singh Chouhan.
43. New Electronics Manufacturing Policy announced in UP
In a bid to support PM’s vision of achieving ZERO import of electronics goods, UP govt
announced Electronics Manufacturing Policy 2020. The policy aims at inviting
investment of Rs 40,000 Crore in next five years and generate four lakh direct
employment. The new policy will be valid for five years.
44. MP govt to provide poor people Rs. one per kg wheat, rice, salt from Sept
1
Madhya Pradesh CM announced Re1 per kg wheat, rice & salt for as many as 37 lakh
such poor people across the state not covered under the national food security
scheme. Apart from this 5 kg per person free ration to be provided to poor families by
November. Madhya Pradesh Chief Minister: Shivraj Singh Chouhan.
45. J&K govt publishes its work done under ‘Back to Village (B2V)'
programme
In a first of its kind, government of Jammu & Kashmir published its work done under
Back to Village (B2V) programme. All 1930 projects finished during the financial year
2019-20 have been showcased in an e-book recently released by the Finance
department. B2V is a public outreach programme that was launched in 2019.
46. Tamil Nadu govt launches post COVID-19 follow up clinic in Chennai
The Tamil Nadu Health Department has launched the Post-COVID-19 Follow-Up Clinic
in Rajiv Gandhi Government General Hospital (RGGGH), Chennai. It is exclusively for
those who recovered from the viral infection and later suffer from other diseases.
Health Minister of Tamil Nadu: C. Vijaya Baskar.
47. Home Ministry approves renaming of Manduadih railway station in UP as
Banaras
Home Ministry approved the renaming of Manduadih railway station in UP as
Banaras. Home Ministry gives its approval to any proposal for change of name of a
place after taking no-objections from Ministry of Railways, Department of Posts and
Survey of India. The station is located in Varanasi District of Uttar Pradesh.
48. Jharkhand unveils new logo
Jharkhand unveiled a new logo which is circular in size with the Emblem of India
representing cooperative federalism placed at the centre. Logo is encircled with green
colour, which depicts the greenery of the state and symbolizes happiness and
prosperity. Jharkhand CM: Hemant Soren. Governor: Draupadi Murmu.
49. Chandigarh administration launches new website
Environment Information System (ENVIS) of the Department of Environment of
Chandigarh Administration has launched a new website. The website which has been
developed on the latest technologies is designed as per guidelines issued by the
Central Government. Chandigarh is the capital of Punjab and Haryana.
50. ‘Dhanwantari Rath’ to bring ayurveda at doorsteps of Delhi Police families
A MoU was signed between the All India Institute of Ayurveda & Delhi Police for
extending ayurvedic mode of preventive health services in the residential colonies of
the force. Services will be provided through a mobile unit named ‘Dhanwantari Rath’.
Initiative is supported by the AYUSH ministry.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
video will be uploaded which the students can practice for the week. Anil Baijal is the
21st Lieutenant Governor of Delhi.
60. Karnataka CM flags off RO-RO train service between Bengaluru and
Solapur
Karnataka Chief Minister BS Yediyurappa flagged off Roll-On/Roll-Off (RO-RO) train
between Bengaluru (Nelamangala) to Solapur (Maharashtra) through video
conferencing. CM Yediyurappa flagged off the RO-RO train from Nelamagala station.
RO-RO service reduces accidents on the road, improves safety.
61. Marine ambulances flagged off for Kochi, Kozhikode
Kerala CM Pinarayi Vijayan flagged off Prateeksha, the first of a fleet of 3 marine
ambulance vessels built by Cochin Shipyard for the Fisheries Department, through
video conferencing. They will be based in Thiruvananthapuram, Kochi & Kozhikode.
Kerala Tourism tagline: 'God's Own Country'.
62. IT Minister launches wireless BSNL Bharat AirFibre for rural areas in
Bihar
Union Telecom Minister Ravi Shankar Prasad inaugurated a next-generation network
telephone exchange at New Bihar Vidhan Mandal compound and Bharat Air Fibre
service at Danapur Telephone Exchange in Bihar through video conferencing from New
Delhi. Bharat AirFibre will start its subscription at Rs 349 per month.
63. Police, Central cadre under J&K Lieutenant Governor
According to the transaction of business rules, "police, public order, All India Services
& anti-corruption," will fall under the executive functions of the LG, implying that the
CMs or the Council of Ministers will have no say in their functioning. The Ministry of
Home Affairs (MHA) notified new rules.
64. J&K: Lt Guv e-inaugurates Panel Discussion on 'COVID-19: Challenges
and Effective Management'
The digital event was organized to observe the 105th Jayanthi Celebrations of
Jagadguru Dr. Sri Shivaratri Rajendra Mahaswamiji, the 23rd Pontiff of the Matha in
the 20th Century. He was the visionary amongst the great lineage of seers of the
Matha. The first pontiff of the matha was Shri Narayana Theertharu.
65. Rs 601.12 crore annual action plan approved for PMKSY in J&K
The Committee approved Rs. 601.12 crore annual action plan of PMKSY for the year
2020-21. It lays emphasis on various components under the schemes Per Drop More
Crop (PDMC), Har Khet Ko Paani (HKKP), Integrated Watershed Management Plan
(IWMP) and AIBP. Accelerated Irrigation Benefit Programme (AIBP).
66. First newspaper for kids 'The Young Minds' launched in Assam
Two Guwahati-based women entrepreneurs have launched a newspaper specifically
designed for kids, to promote creative thinking among children and inculcate in them
the habit to read and write. It is the brainchild of Neelam Sethia and Neha Bajaj, The
Young Minds, will cater to kids of 4-14 years of age.
www.oliveboard.in
www.oliveboard.in
Sports
the event to run at their own pace - anywhere and at any time of their convenience.
The motto of the ‘Freedom Run’ is to encourage fitness.
10. MS Dhoni announces retirement from international cricket
MS Dhoni, the former captain of the Indian cricket team, has announced his
retirement from international cricket, bringing down curtains on a near 16-year-long
storied career of one of the country’s greatest limited-overs cricketers. He overtook
Ganguly as India’s most successful captain.
11. Suresh Raina follows Dhoni into retirement
Suresh Raina announced his retirement from international cricket, a few minutes after
his team-mate MS Dhoni announced his retirement. A member of India’s 2011 World
Cup-winning squad Raina featured in 18 Tests and 226 ODIs, apart from playing in 78
T20IS. Raina made his ODI debut against Sri Lanka in 2005.
12. Lewis Hamilton sets another record with Spanish GP win
Lewis Hamilton claimed his 88th Formula One career victory and with it, an outright
record 156th podium finish as he drove his Mercedes to a victory in the Spanish Grand
Prix. It was the world championship leader and six-time champion’s fifth win in Spain.
Max Verstappen & Valtteri Bottas came 2nd and 3rd respectively.
13. AIFF, SAI join hands to launch E-Pathshala
All-India Football Federation & Sports Authority of India joined hands to launch E-
Pathshala, a web platform to recognise the creativity and develop interest in football.
It will act to develop interest in football through painting, building blocks, etc., AIFF
HQ: Delhi. President: Praful Patel.
14. Dream11 is ready for next level with IPL winning bid
Fantasy gaming platform Dream11 won the IPL title sponsorship rights with a bid of Rs
222 crore, replacing Chinese mobile phone company Vivo for a four and a half month
deal. Dream11 has been one of the IPL sponsors for a couple of years now. Byju’s (Rs
201 cr), Unacademy (Rs 170 cr) came 2nd & 3rd resp.
15. Hockey India to provide financial aid to 61 unemployed players
Hockey India (HI) announced financial assistance for 61 unemployed players, including
34 women amid the ongoing COVID-19 pandemic, to help them return to sporting
activities. Under the initiative, each player will be provided with a sum of Rs 10,000.
Officiating President of HI: Gyanendro Ningombam.
16. England World Cup winner Laura Marsh retires
England’s spinner Laura Marsh retired from all forms of cricket. She was a key
member of the England Women’s team that won the 2017 World Cup and played in
103 one-day internationals during her career. She retired from international cricket in
December. She made her debut for the Kent Women’s team in 2003.
17. All India Football Federation signs MoU with IPSO to conduct online
scouting workshops in India
As per the agreement, information required for scouting and analysis will be provided
to the attendees and arrangements of high-quality courses and webinars will be made.
The first of these online workshops are set to take place from September 7 to 11.
IPSO: International Professional Scouting Organisation.
18. ICC Hall of Fame 2020: Jacques Kallis, Lisa Sthalekar and Zaheer Abbas
inducted
Kallis is one of South Africa’s highest run-getter in Tests & ODIs. He is also a great all-
rounder. Sthalekar is a former Australian cricketer and became a World Cup winner in
www.oliveboard.in
www.oliveboard.in
2005 and 2013. Abbas is the only Asian batsman to hit 100 first-class centuries. The
ICC Hall of fame was first introduced in the year 2009.
19. Bayern Munich beat Paris Saint-Germain to win UEFA Champions League
German giants Bayern Munich have won the UEFA Champions League for the sixth
time in the club's history after beating French side Paris Saint-Germain 1-0 at the final
in Portugal's capital, Lisbon. Paris Saint-Germain reached finals for the first time. UEFA
- Union of European Football Associations.
20. First female golfer from Germany Sophia Popov wins Women’s British
Open
Sophia Popov became the first female golfer from Germany to capture a major title
when she won the Women’s British Open by two strokes. Ranked No. 304, Popov
had never won a senior professional event. This was just Popov’s fourth appearance at
a major. British Open is a major championship in professional golf.
21. President Ram Nath Kovind honours 74 sportspersons with National
Sports and Adventure Awards
President Ram Nath Kovind virtually conferred the National Sports & Adventure Award
2020 namely- Rajiv Gandhi Khel Ratna Award, Arjuna Award, Dronacharya Award,
Dhyan Chand Award, Tenzing Norgay National Adventure Award & Rashtriya Khel
Protsahan Puraskar. Twenty-seven sportspersons were honoured with the Arjuna
Award.
22. FIDE Online Olympiad: India and Russia joint winners after tech failure
After India lodged an official appeal against the result, the world chess body
announced that FIDE President Arkady Dvorkovich had made a decision to give gold
medals to both teams. India No. 2 Grandmaster Vidit Gujarati was Captain of the
Indian Team. FIDE Headquarters, Lausanne, Switzerland.
www.oliveboard.in
www.oliveboard.in
Agreements
www.oliveboard.in
www.oliveboard.in
of India. IIT will work on projects including project management and data
management. Chairman, NHAI: Dr. Sukhbir Singh Sandhu.
9. CSIR, FSSAI sign MoU for collaborative research on food and nutrition
FSSAI & CSIR will collaborate towards strengthening the quality assurance of
laboratory networks across the country aimed at development & validation of methods
for reliable reporting on quality and safety of food products. Health Minister: Dr Harsh
Vardhan.
10. BSE join hands with bullion trade associations to deepen commodity
derivatives market
Leading Stock Exchange BSE signed an MoU with Akola Sarafa Association and Akola
Sarafa Va Suvarnakar Yuva Sangh, two bullion trade associations for deepening
commodity derivatives market. They represent members engaged in retail sale and
trade of bullion. Chairman of BSE: Vikramajit Sen.
11. MoU signed with IIT-B for smog tower at CP
The Delhi government has signed an MoU with IIT-Bombay and Tata Projects Limited
to construct a smog tower in Connaught Place following Supreme Court orders. The
smog tower is a 20-metre-high structure fitted with several air purifiers to clean the
air. As per the MoU, the tower would be completed in 10 months.
12. Reliance Foundation to launch Women Connect Challenge
Reliance Foundation has partnered US Agency for International Development (USAID)
to launch the Women’s Global Development and Prosperity (W-GDP) Women Connect
Challenge across India this year with an aim to bridge the gender digital divide in
India. Reliance Foundation Chairperson: Nita Ambani.
13. Dell, NITI Aayog launch 2nd student entrepreneurship programme
Dell Technologies in association with NITI Aayog’s Atal Innovation Mission (AIM)
announced the second Student Entrepreneurship Programme (SEP 2.0) that
would mentor eight teams to foray into the world of innovation and entrepreneurship.
Vice-Chairman of NITI Aayog: Dr Rajiv Kumar.
14. Universal Sompo General Insurance and BSE EBIX join hands
Universal Sompo General Insurance has partnered with BSE Ebix Insurance Broking
Private Limited, a joint venture between BSE and Ebix Fincorp Exchange, to sell
General Insurance products using distribution network of BSE Ebix in a digitized
environment. Presently, BSE Ebix has more than 7,200 registered PoS Persons.
15. NSE, IIM-Bangalore join hands to offer platform for investor education
NSE has announced a digital learning platform for investor education. The platform,
launched by SEBI’s executive director Nagendra Parakh is an online investor education
resource centre, developed jointly by NSE Investor Protection Fund Trust & IIM-B. NSE
is the first dematerialized electronic exchange of India.
16. Google partners CWC for flood forecasting initiative
Google in association with Central Water Commission, functioning as an attached
office under Ministry of Jal Shakti, took flood forecasting initiative over the past
several months & sent numerous public alerts to people in impacted regions across
India. Chairman of Central Water Commission: Rajendra Kumar Jain.
17. IIM-K inks pact with Swiss firm
Against the backdrop of emerging challenges post-COVID-19, Indian Institute of
Management Kozhikode & Switzerland-based HELP Logistics inked an MoU to engage
www.oliveboard.in
www.oliveboard.in
in a partnership & provide consulting services & logistics training for humanitarian
community. HELP Logistics is a registered non-profit organisation.
18. Bharti AXA Life partners with SBM Bank India for insurance distribution
Bharti AXA Life Insurance announced its bancassurance partnership with
SBM Bank India. Under this agreement, the insurer will offer its life insurance
products, including protection, health, savings and investment plans, to customers of
SBM Private Wealth. SBM Private Wealth is the retail banking arm of SBM Bank India.
19. Flipkart signs MoU with IIT-Patna
e-commerce giant Flipkart signed an MoU with IIT-Patna to help create industry-
focused applied research in the areas of Artificial Intelligence (AI), Natural Language
Processing (NLP) and Machine Learning (ML) and help build critical national capabilities
Flipkart CEO: Kalyan Krishnamurthy. HQ: Bengaluru.
20. Muthoot Finance, Kotak Mahindra General Insurance tie up to offer
COVID-19 cover
Muthoot Finance has tied up with Kotak Mahindra General Insurance to offer COVID-
19 insurance cover of up to ₹1 lakh against gold loan. Muthoot Finance Ayush Gold
Loan of Muthoot Group through which they will provide complimentary COVID-19
insurance. Muthoot Finance Managing Director: George Alexander Muthoot.
21. Bundelkhand in UP to use Israel model to manage its water resources
UP govt partnered with Israel to implement models for water management in the
water-deficient region of Bundelkhand. This project will focus on integrated drip-
irrigation, reclamation of reservoirs, rainwater harvesting & advanced agricultural
solutions. Israel PM: Benjamin Netanyahu. Capital: Jerusalem.
22. AIM, NITI Aayog, Business Sweden collaborate to promote disruptive
potential of Indian entrepreneurs
Atal Innovation Mission (AIM), NITI Aayog & Business Sweden on behalf of India
Sweden Healthcare Innovation Centre are collaborating to promote the disruptive
potential of Indian entrepreneurs. It aims to boost the vibrant start-up ecosystems
across India. AIM set up NITI Aayog promotes innovation & entrepreneurship.
23. Ministry of Skill Development, Ministry of Shipping ink MoU for skill
development in port & maritime sector
The Memorandum of Understanding signed between the Ministry of Skill Development
and Ministry of Shipping aims at skilling, re-skilling and up-skilling manpower for the
growing maritime industry and development of the coastal community. It also aims to
provide vast employment opportunities for youth.
24. Ministry of Tourism signs MoU with TAAI & FICCI Ladies Organisation to
promote tourism
In the presence of Minister of State for tourism, Prahlad Singh Patel, a formal MoU
was signed between the Ministry of Tourism, the Travel Agents Association of India
(TAAI) and FICCI Ladies Organisation (FLO) for women empowerment. President of
TAAI: Jyoti Mayal President of FLO: Jahnabi Phookan
25. Andhra joins hands with Reliance, Allana to empower women through
YSR Cheyutha scheme
Reliance Retail to extend its assistance to women beneficiaries for starting their own
Kirana stores by training them in effective management of shops and provide
commodities at economical rates. Allana to extend technical expertise in livestock
management Allana is an exporter of processor food.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
content, etc. for Cruise Tourism, Logistics, Fisheries, Shipbuilding, Ship Repair, etc.
National Skill Development Corporation, CEO Manish Kumar.
35. APEDA signs MoUs with AFC India Limited and NCUI of India
Agricultural and Processed Food Products Export Development Authority (APEDA) has
signed MoUs with AFC India Limited, and National Cooperative Union of India (NCUI),
Delhi to synergize the activities in the interest of agriculture and allied sectors. APEDA
is under the Ministry of Commerce and Industry.
36. TVS Automobile Solutions and Google tie up to digitise auto aftermarket
TVS Automobile Solutions Ltd has selected Google Cloud as its technology partner to
build its digital transformation strategy. The initiative would be seen as an accelerator
in digitizing the global aftermarket landscape. The industry has over 40K retailers.
Google Cloud India, MD, Karan Bajwa.
37. Mahindra inks pacts with Israeli firm to develop electric commercial
vehicles
Mahindra & Mahindra (M&M) has inked a pact with Tel Aviv-based REE Automotive to
explore the production of electric commercial vehicles. The aim is to explore the
development and manufacturing of electric commercial vehicles for global markets.
REE Co-founder and Chief Executive Officer Daniel Barel.
38. MOU signed between NeGD and CSC E-Governance Services India Limited
The CSC operator's Village Level Entrepreneurs (VLEs) will enable citizens to avail e-
Governance services of 140 Departments through the UMANG App. UMANG was
developed by National e-Governance Division (NeGD), Ministry of Electronics
& IT. UMANG app was dedicated to the Nation on November 23, 2017.
39. VSSUT first to set up Space Innovation-cum-Incubation Centre with ISRO
The Veer Surendra Sai University of Technology (VSSUT), Burla in Odisha’s Sambalpur
district became the first University in the country to set up a Space Innovation-cum-
Incubation Centre with the Indian Space Research Organisation (ISRO). ISRO
chairman Dr K Sivan.
40. UTIITSL ties up with National Health Authority to provide print services
for PMJAY e-cards
UTIITSL will be providing printing services & support the beneficiary identification and
verification process in the issuance of e-cards to beneficiaries of AB PM-JAY scheme. It
will also provide the services of printing of e-cards through its branches. UTI
Infrastructure Technology And Services Limited (UTIITSL).
41. Innoviti partners with Visa to develop installments platform for face-to-
face transactions
The installments platform will help merchants leverage cardholders' existing
relationships with financial institutions to provide installment solutions at the point of
sale - through a single API-based integration. Rajeev Agrawal, CEO, Innoviti.
42. Bangladesh’s Beximco Pharmaceuticals Ltd & Serum Institute of India
join hands for Covid-19 vaccine.
The two entities have announced that BPL will be investing with SII, for the
development of the Covid-19 vaccine less than 10 days after Foreign Secretary’s visit
to Dhaka. The BPL will be the exclusive distributor of SII for this vaccine in
Bangladesh. The investment amount will be treated as an advance.
www.oliveboard.in
www.oliveboard.in
Schemes
1. MSME Minister Shri Nitin Gadkari Approves a New Scheme to Make India
Aatmanirbhar in Agarbatti Production
The program named as "Khadi Agarbatti Aatmanirbhar Mission" aims at creating
employment for unemployed and migrant workers in different parts of the country
while increasing domestic Agarbatti production substantially. Program, proposed by
Khadi and Village Industries Commission.
2. Jan Dhan accounts cross 40 crore mark
Flagship scheme for financial inclusion, Pradhan Mantri Jan Dhan Yojana (PMJDY) has
crossed over more than 40 crore bank accounts. The objective of the PMJDY was to
ensure availability of financial services to the weaker sections and lower-income
groups. The scheme was launched six years ago on August 28, 2014.
3. Govt launches Letter of Recommendation module for street vendors to
avail PM SVANidhi Scheme benefits
Housing & Urban Affairs Sec Durga Shanker Mishra launched Letter of
Recommendation module for PM SVANidhi Scheme. The module is designed to give
access to street vendors who do not have Identity Card, Certificate of Vending & are
not in the surveyed list. Module provides for an end to end, digitally enabled process.
4. Ayushman Bharat to cover non-poor too, all health insurance schemes to
be merged
The Central government to extend its popular health insurance scheme Ayushman
Bharat Pradhan Mantri Jan Arogya Yojana to cover the non-poor population of the
country. It will also integrate all its various health insurance schemes under AB PM-
JAY. Implementing Body of the Scheme: National Health Authority.
5. ESIC extends unemployment benefit scheme ‘Atal Bimit Vyakti Kalyan
Yojna’ up to June 30, 2021
The Atal Bimit Vyakti Kalyan Yojana is being implemented by Employee State
Insurance Corporation, approved under the Employees State Insurance Act, 1948.
The scheme provides 25% of average per day earning in the previous four
contribution periods. The scheme was introduced in 2018.
6. Civil Aviation Ministry approves 78 new routes in UDAN 4; North-East
region, hilly states, islands given priority
Special boost is being given to connectivity in North East with routes from Guwahati to
Tezu, Rupsi, Tezpur, Passighat, Misa and Shillong. People will be able to fly from
Hissar to Chandigarh, Dehradun and Dharmshala under these UDAN 4 routes. UDAN
(Ude Desh ka Aam Naagrik).
7. Government launches contest "Chunauti" to promote startups in small
towns
Govt has launched a contest to boost homegrown startups & software products
companies with special focus on firms from small towns. As per "Chunauti"- Next
Generation Startup Challenge Contest around 300 startups will be identified &
provided seed funds. Seed fund of upto Rs 25,00,000 along with other support.
8. Insurance And Overdraft Facility Enhanced For Jan Dhan Account Holders
Eligible PMJDY account holders will be sought to be covered under Pradhan Mantri
Jeevan Jyoti Bima Yojana] and Pradhan Mantri Suraksha Bima Yojana]. Overdraft
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Appointments
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
chairman with immediate effect. He had joined the board as an independent director
in 2018. IBH is India’s second-largest housing finance company.
18. Urjit Patel in search panel for MPC members
Urjit Patel has been co-opted as a member of the search-cum-selection committee to
name the new three government nominees on the all-important Monetary Policy
Committee (MPC). The panel is headed by the Cabinet Secretary, Rajiv Gauba.
Overdraft: Saving the Indian Saver is a book by Urjit Patel.
19. GoAir appoints Kaushik Khona as new CEO, to replace Vinay Dube
GoAir’s Nominations & Remuneration Committee and the Board appointed Kaushik
Khona as CEO effective immediately. He replaces industry veteran Vinay Dube, former
CEO of Jet Airways. Khona has more than 32 years of corporate experience and all at
CXO level. Khona was with Wadia Group for 4 years from 2008 – 2011.
20. Rakesh Asthana appointed DG of Border Security Force
Rakesh Asthana is appointed as the Director-General of Border Security Force, BSF.
He is presently working as the Director-General of Bureau of Civil Aviation Security,
BCAS. He will continue to hold the additional charge of DG, Narcotics Control Bureau.
VSK Kaumudi to be Special Secretary in the Home Ministry.
21. Satya Pal Malik appointed Meghalaya Governor
Satya Pal Malik was transferred as Governor of Meghalaya, replacing Tathagata Roy
who completed his five-year tenure. Governor of Maharashtra Bhagat Singh Koshyari
has been asked to discharge the functions of Goa governor in addition to his own
duties. Malik was the Governor of J&K when Article 370 was revoked.
22. Ashok Lavasa resigns as Election Commissioner; to join ADB as Vice-
President
Lavasa who was expected to take over the poll body from Sunil Arora next year
resigned and would be soon joining the Philippines based Asian Development Bank as
its Vice-President. He has worked as Secretary in the Union Finance Ministry. ADB
President: Masatsugu Asakawa.
23. Kishor Rungta assumed charge as Chairman of Fertilisers Association of
India
Kishor Rungta, C&MD, The FACT Ltd, assumed charge as Chairman of Fertilisers
Association of India, Southern Region. It represents the fertiliser manufacturers,
distributors, importers, equipment manufacturers, research institutes and suppliers of
inputs. FAI Head Office: New Delhi. FAI Southern Region Office: Chennai.
24. DBS Bank India appoints Prashant Joshi as Managing Director and Head
of National Distribution
DBS Bank India appointed Prashant Joshi as Managing Director & Head of National
Distribution. He brings with him close to three decades of experience in banking sector
across consumer, SME and corporate banking with leading banks and financial
institutions He will report to Surojit Shome, MD & CEO of DBS Bank India Ltd.
25. Karnataka Bank appoints Justice A V Chandrashekar and Mr. Pradeep
Kumar Panja as Additional Directors
Karnataka Bank Ltd. has appointed Justice A V Chandrashekar and Mr. Pradeep Kumar
Panja as Additional Directors. Justice AV Chandrashekar is a former Judge of
Karnataka High Court. Pradeep Kumar retired as Managing Director (Corporate
Banking) of SBI. MD & CEO of Karnataka Bank: Mahabaleshwara MS.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
35. Retired IAS Officer Utpal Singh Appointed Secretary in Lok Sabha
The Lok Sabha Speaker appointed retired IAS officer Utpal Kumar Singh as a secretary
on a contractual basis. He will take charge from September 1. Singh was earlier the
chief secretary of Uttarakhand. Om Birla, current Speaker who presides over the 17th
Lok Sabha.
www.oliveboard.in
www.oliveboard.in
Awards
www.oliveboard.in
www.oliveboard.in
9. FSSAI awarded the Food Systems Vision Prize for its ‘Eat Right India’
movement
FSSAI was selected as one of the ten global organizations for the award by Rockefeller
Foundation for the ‘Eat Right India’ movement. It recognizes organisations with a
vision of regenerative and nourishing food system that they aspire to create by 2050.
CEO of FSSAI: Arun Singhal. HQ: New Delhi.
10. President approves 84 Gallantry Awards
President Ram Nath Kovind has approved 84 awards and decorations to the Armed
Forces personnel and members of the Paramilitary Forces. The awards include Kirti
Chakra, Shaurya Chakras, Bar to Sena Medals, Sena Medals, Nao Sena Medals & Vayu
Sena Medals. The President is the Supreme Commander of the Armed Forces.
11. Rohit Sharma, Mariappan Thangavelu, Vinesh Phogat, Rani Rampal &
Manika Batra: to be honoured with Khel Ratna Award
Rajiv Gandhi Khel Ratna award is the country's highest sporting honour. Another 29
were selected for the Arjuna award by the sports ministry's selection committee. The
Arjuna award comes with a cash prize of Rs 5,00,000. Union sports minister- Kiren
Rijiju.
12. Nagaland school wins Pallikutam award for innovation in education
The first ever Pallikkutam National Award for Innovation in Education instituted by
Rajagiri Media was won by St Christopher School, Chessore, Village, Nagaland. The
Silver Award was won by DAV Public School, Haryana. Bronze award was won by CMI
Christ School, Iritty in Kerala.
13. Ganesh Vilas Lengare awarded Star 2020 Certificate by World Book of
Records, London
World Book of Records, London, found in 2017, honours personalities for their
outstanding contribution towards humanity and universal peace. Mr. Lengare
organised various online contests and produced educational videos. Ganesh Vilas is a
Solapur based social activist.
14. Anand Mahindra, Shantanu Narayen to receive 2020 Leadership Awards
from USISPF
US-based India-centric business advocacy group to honour Mahindra group Chairman
Anand Mahindra and Adobe Chairman & CEO Shantanu Narayen with its 2020
Leadership Awards in recognition of their exemplary vision towards promoting US-
India bilateral ties. USISPF - US-India Strategic Partnership Forum.
15. Wabag Wins Prestigious Global Water Award for Project in Chennai
Water technology major Va Tech Wabag won the prestigious Global Water Award for
its 45 million litres a day tertiary treatment reverse osmosis (TTRO) plant in Chennai.
The plant bagged the distinction award under 'wastewater project of the year'
category. The Global Water Awards was established in the year 2006.
16. 29-year-old Marieke Lucas Rijneveld becomes youngest author to win
International Booker Prize
Marieke Lucas Rijneveld's "The Discomfort of Evening," a dark story about a
devout farming family in a strict Christian community in the rural Netherlands, was
announced as the winner. This year the judges considered 124 books, translated from
30 languages. 50,000-pound will be split between author and the translator.
www.oliveboard.in
www.oliveboard.in
17. Sports Minister K Rijiju announces hike in various National Sports awards
The prize money for the Rajiv Gandhi Khel Ratna Award has been increased
to Rs 25 lakh, Dhronacharya (Lifetime) awardees to get 15 lakhs while Dhyanchand
Awardees (regular) will be given Rs 10 lakh instead of Rs 5 lakh. The increment was
announced for 4 out of 7 categories of NSA.
18. Para swimmer Satyendra Singh 1st Divyang sportsperson of country to
get prestigious Adventure Award
Satyendra Singh Lohia of Madhya Pradesh is the 1st Divyanga Indian sportsperson of
the country, to be awarded with Tenzing Norgay Adventure Award. He is also the 1st
Asian Divyang swimmer to cross the 42-km Catalina Channel in US in just 11 hours 34
mins. Tenzing Norgay alongwith Edmund Hillary climbed Mt Everest first.
19. Noor Inayat Khan Becomes First Indian-Origin Woman to Be Honoured
With Blue Plaque
She was an undercover radio operator in Nazi-captured France in 1943 working for
Britain’s Special Operations Executive (SOE). The memorial plaque will be installed at
her family home in central London, 4 Taviton Street at Bloomsbury where she lived.
The Blue Plaque scheme was founded in 1866.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
18. Gujarat tops in first ever Export Preparedness index 2020 released by
NITI Ayog
At present, 70 per cent of the country's export has been dominated by five states
including Gujarat. Gujarat has topped the index with a strong display in various sub-
pillars such as Export promotion policy, Business Environment and Infrastructure.
Gujarat, Chief Minister Vijay Rupani.
www.oliveboard.in
www.oliveboard.in
Important Days
www.oliveboard.in
www.oliveboard.in
August the International Day of the Victims of Enforced Disappearances since 2011.
International Criminal Court situated in The Hague, Netherlands.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Highways and Micro, Small and Medium Enterprises Nitin Gadkari in Nagpur. It is Made
in India under the aegis of MSME.
10. Launch of Pavitrapati and Aushada Tara
Pune based Defence Institute of Advanced Technology, DIAT (DU) developed a
Nanofibres of Ayurvedic based Biodegradable Face Mask which acts a virus neutraliser
to resist against the bacteria/virus. ‘Aushada Tara’ is an anti-microbial bodysuit
by DIAT. DIAT recently won first prize in Smart India Hackathon 2020.
11. BEML teams up with IIT-Kanpur for pilotless aircraft, UAVs
Bengaluru headquartered BEML collaborated with IIT-Kanpur for joint indigenous
development of pilotless target aircraft (PTA) and tactical unmanned aerial vehicles
(UAVs). They would synergise respective capabilities and undertake testing &
development. These products to substitute the currently imported UAVs & PTAs.
12. ISRO, IISc Bengaluru develop sustainable process to make space bricks
on lunar surface
Indian Space Research Organisation and the Indian Institute of Science in Bengaluru
has developed a sustainable process to make space bricks on the lunar surface. The
process enables making load bearing bricks by using lunar soil, bacteria and guar
beans. These bricks have been named as ‘Space Bricks’.
13. Zydus Cadila launches India’s cheapest Remdesivir version Remdac
Zydus Cadila launches the generic version of Remdesivir, under the brand name
Remdac, for treating patients suffering from severe symptoms of Covid-19. Priced at
Rs 2,800 ($37.44) per 100 mg vial, Remdac is the most economical Remdesivir brand
as on date. It is the 5th company to launch generic version of Remdesivir.
14. ISRO shares image of moon crater captured by Chandrayaan-2, names it
'Vikram Sarabhai'
Indian Space Research Organisation announced that Chandryaan-2 captured images of
the Moon & named one of the craters after Vikram Sarabhai. Sarabhai Crater is around
250 to 300 kilometres east of the crater where the Apollo 17 and Luna 21 Missions
landed. Sarabhai is the father of the Indian space programme.
15. DRDO lab develops ‘NOTESCLEAN’ sanitization device
Hyderabad based, DRDO lab has developed this sanitization device, where one has to
place the loose currency notes at the input slot of the device. It picks the notes one by
one and makes them pass through a series of UVC lamps for complete disinfection.
‘DRUVS’ was designed to sanitise gadgets, notes & cheques.
16. Mumbai-based firm sets up India’s first manufacturing unit for Li-ion
battery components
According to the company press release, graphite anodes comprise 25 per cent
volume in LiB cells and are the highest single material component in a cell’s chemistry.
Till now, China supplies more than 80 per cent of the global demand for graphite
anodes. Vikram Handa, managing director of Epsilon Carbon.
17. Indian satellite AstroSat detects extreme ultraviolet (UV) light from
galaxy
According to Inter-University Centre for Astronomy and Astrophysics (IUCAA)
AstroSat, India's first multi-wavelength satellite, has detected an extreme
ultraviolet (UV) light from a galaxy which is 9.3 billion light-years away from Earth.
Discovery was made by a team of astronomer led by Dr Kanak Saha.
www.oliveboard.in
www.oliveboard.in
18. Scientists derive biofuel from algae to boost India’s clean energy efforts
Indian scientists, under the INSPIRE programme of ministry of science and
technology, have developed low-cost biodiesel from microalgae. The technique to use
microalgae is developed by a team of scientists from the NIT, Tiruchirappalli. Govt of
India approved this INSPIRE Scheme in November 2008.
19. ARIES astronomers trace the mystery behind dwarf galaxy aberrations of
massive star formation
Scientists observing dozens of such galaxies using two Indian telescopes have found
that the clue to this strange behaviour of these galaxies lies in the disturbed hydrogen
distribution in these galaxies and also in recent collisions between two galaxies.
Aryabhatta Research Institute of Observational Sciences (ARIES).
20. IIT Bombay students launch AI-powered document scanning app
AIR Scanner app does not collect any information about the user and all the
documents are stored in the phone's local storage. Any cloud storage to store the
documents of the users has not been used. The app guarantees complete user
security. Ban on the Chinese app called CamScanner was recently made.
www.oliveboard.in
www.oliveboard.in
Defence
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Miscellaneous
www.oliveboard.in
www.oliveboard.in
Obituary
www.oliveboard.in
www.oliveboard.in
19. Former Indian cricketer and Uttar Pradesh Minister Chetan Chauhan
passes away
Former Indian cricketer and Uttar Pradesh minister Chetan Chauhan passed away
following multiple organ failure. He was 73 and was tested positive for COID-19.
Chauhan was Minister of Sainik Welfare, Home Guards, PRD and Civil Security in the
UP Cabinet. He played 40 Tests scoring 2084 runs with 16 half-centuries.
20. US President Donald Trump’s younger brother Robert Trump dies
Donald Trump’s younger brother, Robert Trump, a businessman known for an even
keel passed away after being hospitalised in the ICU. He started his career on Wall
Street but later joined family business, holding as top executive in the Trump
Organisation. At work, he was often referred to as the ‘Nice Trump’.
21. Filmmaker Nishikant Kamat Dies At 50
Nishikant Kamat was best-known for directing the Hindi remake of Malayalam hit
Drishyam. He also directed Irrfan Khan in Madaariand Mumbai Meri Jaan, and John
Abraham in Force and Rocky Handsome. He also acted in Rocky Handsome and some
other films. His Dombivali Fast won the National Award for Best Marathi Film.
22. Legendary Indian classical vocalist Pandit Jasraj passes away
Legendary Indian classical vocalist Pandit Jasraj passed away. His music career
spanned over 8 decades. He was honoured with Padma Shri, Padma Bhushan, Padma
Vibhushan & Sangeet Natak Academy Award. He also lent vocals to Oscar-winning
movie, Life of Pie. He belonged to Mewati Gharana school of music.
23. Former India goalkeeper Bhaskar Maity dies aged 67
Former India goalkeeper Bhaskar Maity died due to brain haemorrhage. He
represented India against Iraq during the 1978 Asian Games in Bangkok. He played
for Maharashtra from 1975 to 1979 in the Santosh Trophy. He was the coach of RCF
Football team. All India Football Federation President: Praful Patel.
24. Tennis player and equal rights pioneer Angela Buxton dies at 85
Former British tennis player, two-time Grand Slam doubles champion and equal rights
pioneer Angela Buxton has died. Buxton, who had Jewish heritage and was targeted
by anti-Semitic abuse during her career, was a doubles partner and friend of Althea
Gibson. Buxton won Wimbledon alongside Gibson in 1956.
25. Film academician Father Gaston Roberge passes away
Film academician Father Gaston Roberge who mentored thousands of young
filmmakers in his three-decade-long career died.He was 85.He started television
programmes for UGC for Doordarshan National TV channel which is still running.
Doordarshan, Motto-Satyam Shivam Sundaram.
26. Renowned folk musician Archana Mahanta dies
One of Assam’s legendary singers, Archana Mahanta, who was at home in both the
traditional and modern genres and belonged to a committed generation of singers for
whom singing was a "devotional" act, died. She was part of the famous Archana
Mahanta-Khagen Mahanta duo.
27. Arnold Spielberg, Computer Designer and Father of Steven Spielberg, Dies
at 103
In 1960, Arnold Spielberg helped design the GE-225 mainframe computer that
enabled researchers at Dartmouth College to develop the coding tool known as BASIC,
which ushered in the era of personal computers.He assisted his son in the making of
Firelight. Arnold Meyer Spielberg was born in Cincinnati.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Person in news
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
Insurance
1. Airtel Payments Bank ties up with Bharti AXA General Insurance to offer
Shop Insurance for its retailers and merchants
Airtel Payments Bank’s Smart Plan Shop Package policy along with Bharti AXA General
Insurance, provides financial protection in case of damage to assets inside the shop
due to fire and allied perils, burglary, etc. Sum Insured: Rs 2 Lakhs- Rs 25 lakhs.
Airtel Payments Bank HQ- New Delhi, Bharti AXA HQ- Mumbai.
2. LIC unveils campaign to revive lapsed policies
State-owned Insurance Group, Life Insurance Corporation of India (LIC) has
announced a special scheme to revive lapsed policies. The ‘Special Revival Campaign’
is open till October 9 during which customers can revive their individual lapsed
policies. LIC Headquarters: Mumbai. Chairperson: M R Kumar.
3. Edelweiss Tokio Life partners with Element AI for AI transformation
journey
The Element AI Advisory and Enablement team will work closely with Edelweiss Tokio
Life to create an actionable roadmap for strategic AI deployment for the company,
which will ultimately support a detailed AI transformation plan. Edelweiss launched its
pan-India operations in July 2011.
4. COVID-19: Bajaj Allianz pitches for ‘pandemic pool’
With the rise in COVID-19 cases in the country, Bajaj Allianz has called for setting up
a ‘pandemic pool’, on the lines of the terrorism pool, to cover claims arising out of
pandemics. Under this, a corpus is created by industry stakeholders & govt. India has
a terrorism pool since 2002, administered by GIC.
5. Digit Insurance launches an Online Do-it-yourself insurance advisory tool
for SMEs & Start-ups
This is part of Digit’s initiative to make insurance simpler & relevant to the smaller
businesses that are more susceptible to risks, especially with the ongoing pandemic.
Digit recently won ‘Insurance Start-up of the Year-India’ Awards by Insurance Asia.
Advisory tool is named as ‘SME Buddy’.
6. SBI General Insurance Launches ‘Shagun-Gift an insurance’ policy
It is a unique gift of Personal Accident policy. The key differentiating feature of the
policy is that it can be gifted to anyone we want, which means it is not necessary for
the policy buyer to be related to the insured. PC Kandpal- MD and CEO of SBI General
Insurance.
7. Universal Sompo General Insurance partners with BSE Ebix Insurance
Broking Private Limited
Partnership will offer Universal Sompo’s recently launched Corona Kavach cover, a
short-term policy to cover COVID-19 related hospitalization expenses through BSE
Ebix’s certified Point of Salesperson (PoSPs). It offers sums insured ranging from
Rs 50,000 to Rs 5 lakhs.
8. Religare Health Insurance Co renamed Care Health Insurance
Religare Health Insurance is an Indian health insurance firm established in June 2012,
by Religare enterprise limited, Union Bank of India and Corporation Bank. The
company is headquartered in Gurgaon, Haryana. Ashok Mehta- CEO of Religare Health
Insurance.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
development of micro and mini satellites and joint space research and development.
Nigeria Capital: Abuja. Currency: Nigerian naira.
9. India calls for real-time information sharing among BRICS nations to
tackle drug menace
The 4th meeting of BRICS anti-drug working group was held recently. India
called for real-time information sharing among BRICS nations to tackle the drug
menace. The meeting focused on misuse of darknet and other advanced technologies
for drug trafficking. Director-General of Narcotics Control Bureau: Rakesh Asthana.
10. EU launches 1-mn-euro project in Maharashtra, Odisha for skilling women
in housing sector
To help drive change towards sustainable housing through empowering women,
European Union launched a 1-million-euro project in 4 districts of Maharashtra and
Odisha under which it will train 3,000 women in masonry, plumbing and electrical
fitting, etc., It is implemented by not-for-profit Habitat for Humanity India.
11. NPCI launches international unit to expand reach of UPI
National Payments Corp. of India launched international unit, NPCI International
Payments Ltd to expand real-time payment system Unified Payments Interface & card
payment network RuPay in other countries. UPI & RuPay are already present in
Singapore & UAE. NIPL will be headed by Ritesh Shukla as Chief Executive
Officer.
12. MEA in partnership with Foreign Ministry of Thailand organize 6th Round
Table of AINTT
Theme of the 2-day Round Table ASEAN-India Network of Think Tanks which was
conducted through video conferencing was ‘ASEAN-India: Strengthening
Partnership in the Post COVID Era’. AINTT was established in the 7th ASEAN-India
Summit in Thailand in 2009. ASEAN Secretary General- Lim Jock Hoi; HQ- Jakarta,
Indonesia.
13. India, Israel sign cultural agreement to further boost people-to-people
ties
Israel’s Foreign Minister Gabi Ashkenazi and India’s Ambassador to Israel, Sanjeev
Singla signed the agreement. Programme of cooperation between the 2 countries for
the years 2020-23 is based on the cultural agreement signed between them on 18
May 1993. Israel Capital- Jerusalem, Currency- Shekel.
14. MoS V. Muralitharan co-chairs first India-Uzbekistan National
Coordination Committee meeting virtually
MoS for EA co-chaired the first India-Uzbekistan National Coordination Committee for
monitoring implementation of mutually agreed projects between the countries with
Uzbek Deputy PM for Investments and Foreign Economic Relations Sardor Umurzakov.
Discussions were held on LoC, bilateral trade & investment.
15. India, Vietnam agree to add 'new momentum' to ties
The decisions were taken at a virtual meeting of the India-Vietnam Joint Commission
on Trade, Economic, Scientific and Technological Cooperation, co-chaired by Indian
foreign minister S Jaishankar and his Vietnamese counterpart Pham Binh Minh.
Vietnam's President Nguyen Phu Trong.
16. India, Nepal to expand energy cooperation, explore new pipeline
India and Nepal are exploring to see if state-owned Indian Oil Corporation (IOC) could
look at another petroleum pipeline that runs into the northern and eastern parts of
www.oliveboard.in
www.oliveboard.in
India. Nepal is aiming to meet its rising fuel demands by extending cooperation. K. P.
Sharma Oli, current Prime Minister of Nepal.
17. DEA holds Sustainable Finance Collaborative consultation with UNDP
The Collaborative saw a host of thematic discussions centred around the broad scope
of Sustainable Finance architecture in India. It included dialogues on critical elements
such as the barriers to deploying new and innovative financing. Department of
Economic Affairs (DEA).
www.oliveboard.in
www.oliveboard.in
Environment
1. Rajasthan solar sector shines bright amidst gloom, adds max capacity in
India
According to a recent survey of states by JMK Research and Analytics, Rajasthan has
added maximum capacity of 1,745 megawatt solar plants in the country in
2019-20, followed by Karnataka (1,443 MW) and Tamil Nadu (1,342 MW). The
pipeline of projects also remains robust at 23,176 MW.
2. Scientists map black swan genome to better understand immune response
Australian scientists have mapped the genome of the black swam, a species highly
susceptible to the avian flu virus, in order to better understand the immune response
and protect public health. The swans can die from viral infection in 24 hours. Highly
Pathogenic Avian Influenza(HPAI) usually occurs in birds.
3. Centre to launch projects for lion, dolphin conservation
The Centre will soon launch Project Lion and Project Dolphin for the biodiversity
conservation of these species on the lines of and to replicate the successes of Project
Tiger launched in 1973. Project Dolphin will focus on both river and sea dolphins.
Dolphins are categorised as endangered in the IUCN Red List.
4. Flipkart pledges 100% transition to electric vehicles by 2030
Flipkart to transition completely to the usage of electric vehicles (EVs) by 2030 as part
of its sustainability efforts and has joined EV100. Govt is promoting use if EVs with a
goal of reaching 30% EV penetration by 2030. It already has EVs in 4-5 cities. EV100
is Climate Group's global electric mobility initiative.
5. Germany to issue 'green bonds' worth up to $13B this year
German government plans to generate up to 11 billion euros for clean
transportation and renewable energy projects this year by issuing so-called
green bond. Each green bond will mirror a regular debt issuance by the German
government, known as as "bunds". Germany, Country in Europe, Capital: Berlin.
6. Greenko Energies signs MoU with NTPC for RE power solutions
Company signed a memorandum of understanding with NTPC Vidyut Vyapar Nigam, a
wholly-owned subsidiary of NTPC. Objective of the partnership is to explore the
possibility of the development of renewable energy-based round-the-clock, flexible
power supply. Greenko is backed by GIC and Abu Dhabi Investment Authority.
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
QUICK LEARNERS
BANKING
ECONOMY
APPOINTMENTS
APPOINTMENT POST
Alexander Lukashenko Belarusian President
KN Anantha Padmanabhan Included in ICC’s international panel of umpires
V R Chaudhari Chief of IAF’s Western Air Command
Sashidhar Jagdishan CEO of HDFC Bank
www.oliveboard.in
www.oliveboard.in
Ajay Jain, Vivek Johri & Sungita Members of the Central Board of Indirect Taxes
Sharma & Customs
Irfaan Ali Guyana's president
Ajay Tyagi Gets 18 months' extension as SEBI chairman
Harsh Bhanwala Capital India Finance Executive Chairman
Manoj Sinha J&K Lieutenant Governor
Girish Chandra Murmu Comptroller Auditor General of India
Pradeep Kumar Joshi Chairman of Union Public Service Commission
(UPSC)
Mahinda Rajapaksa Prime Minister of Sri Lanka
Deepak Shetty Deputy CEO and MD of JCB India
Patanjali Principal Chief Commissioner of Income Tax,
Mumbai
Hardayal Prasad MD of PNB Housing Finance
Soma Mondal Chairman Of SAIL
Isher Judge Ahluwalia Resigns as ICRIER chairperson
Dinesh K Tripathi Director-General Naval Operations (DGNO)
SS Mundra Non-executive chairman of Indiabulls Housing
Urjit Patel Member of the search panel for MPC members
Kaushik Khona GoAir CEO
Rakesh Asthana Director-General of Border Security Force
Satya Pal Malik Meghalaya Governor
Ashok Lavasa Resigns as Election Commissioner; to join ADB
as Vice-President
Kishor Rungta Chairman of Fertilisers Association of India
Prashant Joshi DBS Bank India Managing Director and Head of
National Distribution
A V Chandrashekar and Mr. Karnataka Bank Additional Directors
Pradeep Kumar Panja
Rajiv Kumar India’s Election Commissioner
Luis Rodolfo Abinader Dominican Republic president
Ashwani Bhatia Managing Director of SBI
Satpal Singh Satti Himachal finance commission chief
Yatinder Prasad Government nominee Director in CIL Board
Rajiv Srivastava Managing Director and CEO resigned,
Satyanarayan Goel got the additional charge
Sanjiv Singh Reliance Group President
www.oliveboard.in
www.oliveboard.in
AWARDS
WINNER AWARD
Cristiano Ronaldo Juventus' 'Most Valuable Player of the Year'
Award
Jacques Kallis, Lisa Sthalekar and ICC Hall of Fame 2020
Zaheer Abbas
Tribal Affairs Ministry SKOCH Gold Award
Dalmia Bharat Group FICCI CSR Award for Environment
Sustainability
Srihari Pabbaraja CRSI Bronze medal 2021
Apps Zoho Invoice & Zoho Winners in the AatmaNirbhar Bharat App
Workplace Innovation Challenge (Business & Office
category respectively)
Naandi Foundation Food Vision 2050 prize
Nitin Sethi Asian College of Journalism’s Award for
Investigative Journalism
Shiv Sahay Singh K. P. Narayana Kumar Memorial Award for
Social Impact Journalism
Pune-based Defence Institute of Won first prize in the Smart India
Advanced Technology (DIAT) Hackathon 2020
Rohit Sharma, Mariappan Khel Ratna Award
Thangavelu, Vinesh Phogat, Rani
Rampal & Manika Batra
www.oliveboard.in
www.oliveboard.in
IMPORTANT DAYS
www.oliveboard.in
www.oliveboard.in
OBITUARY
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
www.oliveboard.in
FREE Ebooks Current Affairs
Download Now Explore Now
BLOG FORUM
www.OliveBoard.in