NITI Aayog’s Atal Innovation Mission partners with Adobe to enhance creativity in ATL Schools

NITI Aayog’s Atal Innovation Mission (AIM) and Adobe signed a Statement of Intent (SOI) to collectively drive the charter of developing creative skills and spreading digital literacy across all Atal Tinkering Labs (ATL) in India.

100 schools will be adopted by Adobe under the ATL initiative and will be implementing its Digital Disha Program in ATLs, under which free licenses of Adobe Spark premium shall be offered to ATLs.

The Adobe Digital Disha Programme, launched in 2018, is aimed at driving synergies in creative thinking and technology-based learning. Under this collaboration with AIM, children and teachers across these schools and communities shall benefit from creative learning resources and empowering them with new age skills to thrive in the current digital era and preparing them for long term success.
About AIM

  • It is the Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in India.
  • As a part of AIMATLs are being established in more than 5,000 schools in India where students of class 6th to class 12th acquire problem solving and innovation skills, developing innovative solutions leveraging Tinkering technologies like 3D printers, robotics, miniaturised electronics, IOT and programming, do it yourself kits with support from teachers.

About Atal Tinkering Lab (ATL)

  • It is based on the philosophy to identify and nurture innovation in young students across India.
  • AIM has collaborated with various partners from industry and academia and these collaborations have resulted in qualitative enhancement of future skills and digital capabilities of the ATL ecosystem.


SHREYAS portal launched by Prakash Javadekar for providing industry apprenticeship opportunities to youth

Union Human Resources Development Minister, Shri Prakash Javadekar, launched the Scheme for Higher Education Youth in Apprenticeship and Skills (SHREYAS) with an aim to provide industry apprenticeship opportunities to the general graduates exiting in April 2019 through the National Apprenticeship Promotional Scheme (NAPS) in New Delhi. The program will enhance the employability of Indian youth by providing ‘on the job work exposure’ and earning of stipend.

SHREYAS portal will enable educational institutions and industry to log in and provide their respective demand and supply of apprenticeship and the matching of students with apprenticeship avenues will take place as per pre-specified eligibility criteria.

SHREYAS is a programme basket comprising the initiatives of 3 Central Ministries, which are:

  • Ministry of Human Resource Development
  • Ministry of Skill Development & Entrepreneurship
  • Ministry of Labour & Employment


MSP for Minor Forest Produces issued by Ministry of Tribal Affairs

Van Dhan, a scheme for Minimum Support Price (MSP) for Minor Forest Produce (MFP) and Development of Value Chain of MFPs was launched by TRIFED under Ministry of Tribal Affairs at a National Workshop in New Delhi.

Ministry has expanded the coverage of the Minimum Support Price for Minor Forest Produce Scheme to 50 Minor Forest Produces. Also the MSP has risen between 30-50% for all commodities.

6000 Van Dan Vikas Kendras comprising 300 tribal gatherers are to be set up to provide employment to almost 45 Lakh Tribal. 
♦ Ministry of Tribal Affairs- Shri Jual Oram


Thaawarchand Gehlot launched 2nd edition of Indian Sign Language Dictionary

2nd Edition of Indian Sign Language (ISL) Dictionary was launched by Minister of Social Justice and Empowerment, Thaawarchand Gehlot in New Delhi.

The Dictionary was developed by Indian Sign Language Research and Training Centre (ISLRTC) and it included 6 thousand words under different categories such as legal, academic, technical, medical and everyday terms.

The First edition of dictionary was launched in March, 2018.


‘International Digital Health Symposium’ inaugurated by Anupriya Patel in New Delhi

Minister of State for Health and Family Welfare, Smt. Anupriya Patel, inaugurated the International Digital Health Symposium and an exhibition on Digital Health as a part of the Symposium, at New Delhi, where participant countries along with various Government Ministries, states and other stakeholders showcased key innovations, implementation experiences and innovative Digital Health Interventions.

The Symposium provided a forum to learn from global leaders in the field of digital health and innovation and was an opportunity for countries to showcase innovations and share experiences of implementing digital health interventions for health


MoU signed by ICAR and CSIR to collaborate in the field of food and agriculture

Memorandum of Understanding (MoU) was signed between the Indian Council of Agricultural Research (ICAR) andCouncil of Scientific and Industrial Research (CSIR) in order to collaborate in the area of food and agriculture, at ICAR Headquarters, Krishi Bhawan,  New Delhi.

The huge network of Krishi Vikas Kendras (KVKs) available with ICAR will be roped in for technology demonstration and dissemination and a Joint Working Committee will be constituted to deliberate and formulate the collaborative programmes and will meet 4 times a year.


Economy and Finance

Bancassurance Agreement signed by IDBI Bank and LIC

IDBI Bank and Life Insurance Corporation of India (LIC) signed a bancassurance agreement under which the lender will offer LIC’s insurance products at its branches.

As part of the agreement, IDBI Bank will become the preferred bank for LIC premium payments and also function as premium point to boost sale of LIC products, thereby gaining from fees and float income.

The State-owned life insurer, LIC, acquired a majority stake in IDBI Bank, and the bank has also appointed LIC Chairman Hemant Bhargava as its non-executive whole-time Chairman.
About IDBI Bank
♦ Chairman – Hemant Bhargava
♦ MD & CEO – Rakesh Sharma
♦ Headquarters – Mumbai
About LIC
♦ Chairman – Hemant Bhargava
♦ Headquarters – Mumbai


PNB ranks highest in implementation of ‘Reforms agenda’

According to BCG-IBA Report on EASE Reforms index released by Union Minister of Finance & Corporate AffairsPunjab National Bank (PNB) which is fraud hit bank, secured the top spot among all public sector banks in the implementation of ‘Reforms agenda’.

Index has measured Banks on 140 objective metrics across 6 themes including customer responsiveness, credit off-take and digitalization.

The EASE (Enhanced Access and Service Excellence) report has shown significant enhancement in PSB performance on the back of Government’s 4R’s strategy- recognition, recovery, recapitalisation and reforms.
About Punjab National Bank
♦ CEO- Sunil Mehta
♦ Headquarters- New Delhi


ICICI Lombard partnered with ATL to provide insurance cover to its lenders and borrowers

A private sector non-life insurance company in India ICICI Lombard has entered into a strategic partnership with Hyderabad based peer-to-peer lending platform (ATL) to provide insurance cover for its lenders and borrowers.

ICICI Lombard will offer Group Secure Mind and Group Personal Accident policies to the customers of ATL which will cover the borrowers of all types of loans on the platform with policy term of 1 to 3 years.

There will be insurance cover for the lenders which will come with free premium for the first year on a complimentary basis. On behalf of the beneficiaries ATL will absorb this cost.
About ICICI Lombard
♦ Headquarters – Mumbai
♦ CEO- Bhargav Dasgupta



Chris Gayle reached 10,000 ODI runs and became 1st batsman in the world to hit 500 sixes

West Indies cricketer Chris Gayle became the first player in the world to hit 500 sixes the 14th batsman and second from the Caribbean after Brian Lara, to reach the milestone of 10,000 ODI runs, after scoring 162 off 97 balls against England in the fourth ODI at the National Cricket Stadium in St George’sGrenada.

He had announced on 17 February 2019 that he will retire from One-Day International cricket after this 2019’s World Cup in England and Wales.


ISSF World Cup 2019

International Shooting Sports Federation (ISSF) World Cup was held in New Delhi, India from 20 February to 28 February 2019. It is the annual edition of the ISSF World Cup which is governed by International Shooting Sport Federation. It is a qualifier for 2020 Olympic Games. India ranked 1st in the World Cup along with Hungary.

Manu Bhaker, Saurabh Chaudhary won gold in 10m Air Pistol Mixed Category
Saurabh Chaudhary and Manu Bhaker claimed gold medal in 10m Air Pistol Mixed team event on ISSF World Cup in New Delhi.
i. The duo finished top in the 10m Air Pistol Mixed Team Final with 483.4 points on the final day of the World Cup.
ii. Both of them had earlier equaled Qualification World Record and also set a new qualification world record junior by shooting 778 points.

Saurabh Chaudhary won gold in 10m Air Pistol
Saurabh Chaudhary finished top of the 10m Air Pistol category and brought an Olympic quota for Tokyo 2020 in the category.
i.He secured Olympic Quota with a world record score of 245.0 after some phenomenal shooting.
ii.He is the 1st Indian shooter to win gold at the youth Olympic, Asian Games, Junior ISSF World Championship and Asian Air gun championship

Apurvi Chandela bags gold in women’s 10m Air Rifle
Indian shooter won women’s 10m Air Rifle and bagged India’s first gold medal by breaking the world record in the Shooting World Cup 2019. She was the only Indian shooter to qualify for the final round.
i. Apurvi secured a total score of 252.9 to finish on the top of podium in the women’s 10m Air Rifle event. She was at the fourth spot in the qualification round.
ii. Apurvi Chandela had won a bronze medal along shooter Ravi Kumar in the 2018 Asian Games held in Jakarta, Indonesia in the 10m Mixed Rifle event.



An overview of National Water Awards 2018

The Union Minister for Water Resources, River development and rejuvenation Nithin Gadkari presented 82 National Water Awards in 14 categories for the year 2018 at a ceremony held in New Delhi.

The department of geology at Kakatiya University, Warangal Telangana received the best campus in India in terms of water usage. Panjab University secured 2nd position in the category.

Madurai district received first prize for rejuvenations and creating new water bodies in the National Water Awards 2018.


‘Sarvashreshtha Suraksha Puraskar’ is awarded by Parijat Industries by NSCI

Parijat Industries, an agrochemical firm has conferred the prestigious ‘Sarvashreshtha Suraksha Puraskar’ (Bronze trophy) by National Safety Council of India (NSCI) for the year 2018. Ministry of Labour and Employment presented this award.

This safety award has been conferred upon Parijat Industries for the 3rd time by NSCI.

This award is claimed by Parijat Industries for its compatible and meritorious operational safety at its Parijat’s manufacturing plant at Ambala in Haryana.


India’s first indigenous 4G/5G semiconductor chips unveiled by SIGNALCHIP

Bengaluru based semiconductor company “SIGNALCHIP” unveiled India’s first Indigenous Semiconductor Chips for 4G/LTE and 5G NR MODEMs at an event in New Delhi which was addressed by the Secretary, Telecom, Mrs Aruna Sundararajan.

She acknowledged the need for India to manufacture its own chips as Data Security is a huge concern in today’s world and informed that currently only 8 companies and few countries in the world can do the task, which makes the launch of Indigenous Chip a real sense “Make in India” for the World.

The following chips were launched by the SIGNALCHIP as part of its SCBM34XX and SCRF34XX/45XX series, code-named ‘Agumbe’:

  • SCBM3412: a single chip 4G/LTE modem including the baseband and transceiver sections in a single device
  • SCBM3404: a single chip 4X4 LTE baseband modem
  • SCRF3402: a 2X2 transceiver for LTE
  • SCRF4502: a 2X2 transceiver for 5G NR standards

♦ Founder and CEO – Himanshu Khasnis
♦ Headquarters – Bengaluru


Methane Hydrate Discovered in K-G Basin off Andhra Pradesh Coast

Researchers have discovered “methane hydrates“, a potential fuel of the future just two meters below the sea-floor in the Krishna-Godavari (K-G) basin off the coast of Andhra Pradesh in the Bay of Bengal.

A team of scientists from the National Institute of Geography in Goa and the National Geophysical Research Institute in Hyderabad have reported the discovery in the Journal of Earth System Science, published by the Indian Academy of Sciences.

This is the first report on the discovery of an active methane seepage site. The occurrence of shallow methane hydrate deposits in India’s Exclusive Economic Zone (EEZ) and opens up the possibilities of using a new and still untapped reservoir of fossil fuel, as methane hydrate contains large quantity of methane, the main component of natural gas.



National Science Day observed on 28th February

The National Science Day is observed to mark the discovery of the ‘Raman Effect‘ by the physicist Sir Chandrashekhara Venkata Raman, well-known as CV Raman. He was born on 7th November 1888 in Tamil Nadu.

He gave the theory of Raman Effect for which he won the Nobel Prize in 1930 and became the first Indian and the first Asian to win the prestigious award. He was also awarded Bharat Ratna in 1954 for his contribution in science, particularly Physics.


Thought of the Day

“The only person you are destined to become is the person you decide to be. “

Quiz based on Daily Current Affairs 28th February 2019

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