Current Affairs

20 January, 2021


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‘SAKSHAM 2021’ Campaign inaugurated by MoPNG Secretary Tarun Kapoor; SAKSHAM 2021 Awards Presentedi.

The New Delhi-based Petroleum Conservation Research Association (PCRA) launched a month long pan-India campaign ‘SAKSHAM 2021(Sanrakshan Kshamta Mahotsav)’ from January 16, 2021 to February 15 2021 to create awareness about the adverse impact of fossil fuels on health and environment, and to convince the consumers of fossil fuels to switch towards cleaner fuels.
ii.It was inaugurated by Secretary Ministry of Petroleum and Natural Gas (MoPNG) and Chairman, PCRA Tarun Kapoor at New Delhi.
iii.The tagline of the campaign is ‘Green and Clean Energy’ (Hindi- हरित एवं स्वच्छ ऊर्जा).
iv.During the event, a Memorandum of Understanding (MoU) was also signed between PCRA and Energy Efficiency Services Limited (EESL) for promotion of Energy Efficient PNG (Piped Natural Gas) Stove.
About Ministry of Petroleum and Natural Gas (MoPNG):
Union Minister– Dharmendra Pradhan
Headquarter- New Delhi
About Energy Efficiency Services Limited (EESL):
It is a Joint Venture (JV) of PSU under the Ministry of Power.
Chairman– Rajeev Sharma
Headquarter– New Delhi

DoFPD notifies Modified Scheme to Enhance 1G Ethanol Production in India

Department of Food & Public Distribution (DoFPD) has notified a modified scheme to extend financial assistance for producers of “1st Generation” (1G) Ethanol from feed stocks such as Cereals (rice, wheat, barley, corn & sorghum), Sugarcane & Sugar Beet. The Financial Assistance will also be extended to Project proponents for increasing their ethanol distillation capacity For Converting molasses based distilleries to Dual Feedstock for production of Ethanol.

i.The Main Objective behind the scheme is to achieve 20% Blending of ethanol with Fossil Fuels by 2025 from 2030 (previous target was to achieve 20% blending by 2030).
ii.As part of the modified scheme

About Ministry of Consumer Affairs, Food & Public Distribution:
DoFPD is a department under the Ministry of Consumer Affairs, Food & Public Distribution
Union Minister – Piyush Goyal
Minister of State – Raosaheb Patil Danve


Union Minister Nitin Gadkari Virtually Launched YES Bank’s ‘YES MSME’, a Proposition for MSMEs

i.Nitin Gadkari, Union Minister of Micro, Small and Medium Enterprises(MSMEs) virtually launched YES Bank’s YES MSME.
ii.It is a comprehensive proposition to strengthen MSMEs with speed and easy access to funds, knowledge partnerships and digital solutions.
Objective of YES MSME– To support MSMEs to expand their business, sustain momentum and accelerate growth.
About YES Bank:
Headquarters– Mumbai, Maharashtra
MD & CEO– Prashant Kumar
Incepted– 2004
Tagline– Experience our expertise
Chatbot– YES ROBOT


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M Venkaiah Naidu Releases Tamil Book titled ‘Abdul Kalam-Ninaivugalukku Maranamillai’

M Venkaiah Naidu, Vice President of India released a tamil book titled‘Abdul Kalam-Ninaivugalukku Maranamillai’(immortal memories) at Raj Bhavan in Chennai, Tamil Nadu. It is a biography of late former President, Dr A. P. J. Abdul Kalam.
The book is authored by Dr APJM NazemaMaraikayar, managing trustee, Abdul Kalam International Foundation (AIKF) and well-known space scientist, Dr Y.S. Rajan

Vishwavir Ahuja Re-Appointed as MD & CEO of RBL Bank

The Board of Directors of RBL Bank approved the re-appointment of Vishwavir Ahuja as the Managing Director(MD) & Chief Executive Officer(CEO) of the Bank for three years, with effect from June 30, 2021 to June 29, 2024. The bank has recommended this re-appointment to the Reserve Bank of India(RBI) for approval.

Note– Reappointment is based on the recommendation of the nomination and remuneration committee of the bank.
About Vishwavir Ahuja:
i.He has been the MD& CEO of RBL bank since June 30, 2010.
ii.Earlier to joining RBL Bank in July 2010, he was the MD & CEO of Bank of America, India from 2001 to 2009.
iii.He has more than 38 years of experience and is expertise in banking, economics, finance, risk management, HR and business management.
About RBL Bank:
It is formerly known as Ratnakar Bank.
Headquarters– Mumbai, Maharashtra
Tagline– Apno Ka Bank
Founded– 1943
Chatbot– RBL Cares

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