Current Affairs

22 September, 2020


India delivers Two Modern DMUC Trains to Nepal Railways

Konkan Railways(operated by Konkan Railway Corporation) handed over two modern Diesel-Electric Multiple Unit (DMUC) trains to Nepal Railways for theJaynagar-Kurtha Broad Gauge Line.The Rails will run between Jaynagar (Bihar) and Kurtha in Dhanusa district from December, 2020. The Trains have been manufactured by Integrated Coach Factory, Chennai with modern amenities and latest AC-AC Propulsion Technology.They were procured by Nepal’s Railway Department for a price of 84 Crore 65 Lakhs Nepali Rupees.
About Nepal:
Prime Minister -Khadga Prasad Sharma Oli (known as KP Sharma Oli)
Capital – Kathmandu

India extends US$250 mn support to Maldives amid Covid-19; routed through Treasury bonds subscription by SBI

The whole globe is facing challenging situations arising due to COVID-19 which also include India’s maritime Border sharing partner Maldives. In order to reduce the economic and financial impact driven by COVID-19, the President of Maldives Ibrahim Mohamed Solih requested Prime Minister of India Narendra Modi for urgent financial aid. In this regard, on September 20, 2020, India provided a financial assistance of US$250 million(Indian Rupees of around 1837 crores) at favourable terms to the Government of Maldives in the form of symbolic cheque which was handed over by the High Commissioner of India Sunjay Sudhir to the Minister of Foreign Affairs Abdulla Shahid during an event held at the Ministry of Foreign Affairs, Maldives.
About Maldives:
Capital– Male
Currency– Maldivian rufiyaa


NITI Aayog, ISPP sign Statement of Intent to Enhance Capacity Building

Development Monitoring and Evaluation Office (DMEO) of NITI (National Institution for Transforming India) Aayog signed a Statement of Intent with Indian School of Public Policy (ISPP) to provide training, mentoring and other activities to strengthen the knowledge, ability, skills of Government Officials and public policy scholars.
NITI Aayog, ISPP have joined hands with an objective of building a working practice for faster intermediation of knowledge and use within the public system.
About Development Monitoring and Evaluation Office (DMEO):
Director General – Sekhar Bonu
Headquarters – New Delhi
About Indian School of Public Policy (ISPP):
Director – Parth Shah
Location – New Delhi

MWCD signed MoU with Ministry of AYUSH to integrate AYUSH systems with nutrition interventions of ICDS

Ministry of Women and Child Development (MWCD) inked Memorandum of Understanding (MoU) with the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) to control Malnutrition as a part of POSHAN (Prime Minister’s Overarching Scheme for Holistic Nutrition) Abhiyaan or National Nutrition Mission Abhiyaan of MWCD to improve the nutritional outcomes for children, pregnant women and lactating mothers.The MoU was signed by Ram Mohan Mishra, Secretary, WCD and Vaidya Shri Rajesh Kotecha, in the presence of Smt Smriti Zubin Irani, Union Minister for WCD and Textiles, and Shripad Yesso Naik, Union Minister of State (Independent Charge), Ministry of AYUSH, who joined the signing ceremony through videoconferencing


Visa & IFundWomen Launched a Grant Program in India to Support Women Entrepreneurs

Visa Inc.(Visa) along with its global partner IFundWomen, a funding marketplace for women-owned businesses, launched a grant program in India to support women entrepreneurs. This program enables India’s women entrepreneurs to receive funding from Visa to grow and expand their business. It is the extension of 2 successful programs that were launched in the U.S in 2020.As a digitization partner for the program in India, Visa has partnered with FLO (the ladies’ wing of Federation of Indian Chamber of Commerce & Industry -FICCI) and Instamojo.This partnership will help women entrepreneurs to get funding they need through a series of grants.

SBI Life Insurance Signs Bancassurance Pact with YES Bank

State Bank of India(SBI) Life Insurance signed a bancassurance agreement with YES Bank to provide a range of insurance solutions to the customers of YES Bank across the nation.YES Bank aims to provide financial security to its customers and reduce the protection gap in india.Under this pact the assorted range of individual and group insurance solutions of SBI life Insurance will be offered to the customers of YES bank through its branches across India.
About SBI Life Insurance:
MD & CEO– Mahesh Kumar Sharma
Headquarters– Mumbai, Maharashtra
About YES Bank:
MD & CEO– Prashant Kumar
Headquarters– Mumbai, Maharashtra

SBI Started Women Self-Reliance Programme in Assam

State Bank of India (SBI) initiated “Mahila Atmanirbharshil Aachani (Women Self-Reliance programme)” in Assam on the lines of the Atmanirbhar Bharat Abhiyanto accelerate Self Help Group (SHG) finance in a mission mode,. In this regard, SBI branches of Assam sanctioned 856 SHGs sponsored by NRLM with financial outlay of Rs. 38 crore.Notably, a woman SHGs of Assam are very active and relies on social collateral rather than on financial collateral.
About State Bank of India (SBI):
Chairperson– Rajnish Kumar
Headquarter– Mumbai, Maharashtra


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Tata Group to launch India’s 1st CRISPR COVID-19 test, ‘FELUDA’

Drug Controller General of India (DCGI) has given regulatory approval for the commercial launch of ‘FELUDA’( FNCAS9 Editor-Limited Uniform Detection Assay), India’s 1st CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) test. It is developed by the scientist of CSIR-IGIB (Council of Scientific and Industrial Research -Institute of Genomics and Integrative Biology). As per the agreement as signed by Tata Sons Private Limited and CSIR-IGIB in May, 2020, Tata group will manufacture it.

PK Mishra Panel to Initiate Action in Advance For Managing Air Pollution in NCR

A high-level task force led by Dr Pramod Kumar Mishra, Principal Secretary to the Prime Minister reviewed the action taken by agencies and firm up plans for the coming harvesting and winter season during a meeting with Chief Secretaries of Delhi, Punjab, Haryana, Rajasthan and Uttar Pradesh, Secretaries of different departments/ministries of the central government including M/o of Environment, Forest & Climate Change, Agriculture, Road, Petroleum and Central Pollution Control Board (CPCB).
About Delhi:
Chief Minister(CM)– Arvind Kejriwal
Governor– Anil Baijal

Narendra Modi Won the Ig Nobel Prize 2020 for Medical Education at 30th First Ig Nobel Prize Ceremony

Narendra Modi, Prime Minister of India won the Medical Education Prize of Ig Nobel Prize 2020 at the 30th First Nobel Prize Ceremony over virtual platform.Modi became the 2nd Prime Minister from India to win the Ig Nobel Prize after Atal Bihari Vajpayee who won the 1998 Peace award for “Aggressively peaceful explosion of atomic bombs”.
About Improbable Research:
Editor- Marc Abrahams
Headquarters– Cambridge, Massachusetts, USA

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