Current Affairs

16 August, 2020

International

European Union to Provide 1.65 million euros in Humanitarian Aid Funding to Support Victims of South Asia Floods

The European Union (EU) will provide 1.65 million euros in humanitarian aid funding to support flood victims of South Asia most notably in Bangladesh, India and Nepal. The funding is part of the EU’s Acute Large Emergency Response Tool (ALERT).

The measures to prevent the spread of the coronavirus will be incorporated in all programming.

Around 818 million Children Across the World Lack Basic Hand Washing Facilities at their Schools: WHO & UNICEF Report

As per the latest report, ‘Progress on drinking water, sanitation and hygiene in schools Special focus on COVID-19’ released by World Health Organization (WHO) and United Nations Children’s Fund (UNICEF):
i.Around 818 million children across the world lacked basic hand-washing facilities in their schools which makes them prone to the novel coronavirus disease (COVID-19) and other transmittable diseases.

National

National Health Authority Approves to Integrate Health Schemes of Central Ministries with Ayushman Bharat Scheme

The Governing board of National Health Authority(NHA) approved the proposal to integrate the existing health schemes of the central ministries with the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) for employees, during the governing board’s review meeting on the implementation AB-PMJAY chaired by Harsh Vardhan, Union Minister of Health.

Rajnath Singh Launched Naval Innovation and Indigenisation Organisation Virtually

Rajnath Singh, Union Defence Minister launched the Naval Innovation and Indigenisation Organisation(NIIO) through an online webinar.
ii.On the occasion Indian Navy signed Memorandums of Understanding (MoUs) with Uttar Pradesh Expressway Industrial Development Authority (UPEIDA); Raksha Shakti University (RSU), Gujarat; Maker Village, Kochi; and Society of Indian Defence Manufacturers (SIDM).

Def Minister Rajnath Singh Launched 15 Products Developed by Defence PSUs and OFB

as a part of the Atma Nirbhar Week celebration (Atmanirbharta Saptah) between August 7-14, 2020 of the Ministry of Defence (MoD) and to boost Atmanirbhar Bharat Abhiyan (self-reliant India movement), Union Defence Minister (Raksha Mantri) Rajnath Singh virtually launched 15 products of Defence Public Sector Undertakings (DPSUs) and Ordnance Factory Board (OFB) viz. four products each by OFB and BEML, two by BEL and one each by HAL, BDL, MDL, GRSE and GSL.

Economy

HDFC Bank Virtually Launched ‘Shaurya KGC Card’, a First-of-its-Kind Card for Indian Armed Forces

ditya Puri, Managing Director of HDFC Bank, launched digitally the 1st of its kind card, ‘Shaurya KGC(Kisan Gold Credit) Card’, a tri color themed card for Indian armed forces personnel, i.e, Army, Navy, Air force and Para military forces and their families.
ii.It will benefit over 45 lakh users. The product is aimed largely towards armed forces personnel from semi-urban and rural communities.
iii.The product is based on the Kisan Credit Card (KCC) guidelines by the government.

RBI Tightens Norms for Core Investment Companies; Formation of Group Risk Management Committee Mandated

the Reserve Bank of India (RBI) has revised the guidelines applicable for Core Investment Companies (CICs) on the basis of the recommendations of the Working Group (WG) to Review the Regulatory and Supervisory Framework for Core Investment Companies (CICs), constituted under the Chairmanship of Tapan Ray, former Secretary, Ministry of Corporate Affairs (MCA).

Sports

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Miscellaneous

Indian Coast Guard Offshore Patrol Vessel “Sarthak“ launched; Manufactured by Goa Shipyard Limited

In order to enhance maritime security, on August 13, 2020, an Offshore Patrol Vessels (OPV) for the Indian Coast Guard was launched and re-christened as Indian Coast Guard Ship (ICGS) “Sarthak” during a ceremony held at Goa Shipyard Limited (GSL) which was conducted through video conferencing from Coast Guard headquarters at New Delhi.
ii.It was launched by Ms. Veena Ajay Kumar, wife of Defence Secretary Dr Ajay Kumar.
iii.Sarthak, the 4th in the series of five OPVs deployed by the ICG has been designed and built indigenously by GSL on the lines of “Make in India” which has about 70% indigenous content.

Former RBI Deputy Governor Subhash Sheoratan Mundra Appointed as Non-Executive Chairman of Indiabulls Housing Finance Ltd

Indiabulls Housing Finance Limited(IBH) appointed Former Reserve Bank of India (RBI) Deputy Governor Subhash Sheoratan Mundra (SS Mundra) as its Non-Executive Chairman with immediate effect.
Note – IBH’s Executive Chairman Sameer Gehlaut has taken up the position of chief executive officer of another listed firm Indiabulls Ventures Ltd.

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