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BJP President Amit Shah and RSS Chief Mohan Bhagwat released, “A coffee table book on Prime Minister Narendra Modi’s life” in New Delhi written by Bindeshwar Pathak
The book – Making of A Legend, has been compiled by Sulabh International Founder Bindeshwar Pathak. Speaking on the occasion, the BJP President hailed the steps taken by Mr Modi in Gujarat for resolving water problem.
Union minister for earth sciences Dr Harsh Vardhan inaugurated Kerala’s first doppler radar in Kochi with support of ISRO scientists and Bharat Electronics.
This was among the 27 radars being installed in the country and all of them are 100 percent indigenous developed with support of ISRO scientists and Bharat Electronics.
The last five Chirapunji, Bhuj, Mumbai, Thiruvananthapuram and Kochi are examples of Make in India products. The next in the series are Gopalpur and Sriharikota
The IMD as part of modernising its observational network is replacing its old and conventional radar by the state of art S-band Doppler Weather Radar (DWR) in a phased manner at different locations all over the country.
Astronomers discover smallest star known in our galaxy called EBLM J0555-57Ab — its is located about 600 light-years from Earth and can be seen from the Southern Hemisphere
Astronomers searching for exoplanets, which orbit other stars, came across the star in one of their surveys.
This is part of the team that discovered the TRAPPIST-1 system, another small and dim star that has seven planets, three of which hold the best chance for finding life outside our solar system, something that Triaud, who is a senior researcher at the University of Cambridge’s Institute of Astronomy, still believes to be true.
Maya, a Bengaluru-based mobile app that helps women track their menstrual cycles, won the Asia Pacific App of the Year at FbStart Apps of the Year awards announced by Facebook COO Sheryl Sandberg
FbStart was launched in 2014 to help mobile startups grow. Each year startups get support from Facebook employees and discounts on services from companies like Amazon.com, Dropbox, and UserTesting that help them run their businesses.
Women all around the world use Maya The App, this year’s Asia-Pacific App of the Year. It’s helped seven million women stay on top of their health by tracking their menstrual cycles, setting health reminders, monitoring pregnancies and getting in touch with doctors – all from their phones.
Maya was founded in India in 2014. It’s now available in 14 languages and has been downloaded across 190 countries
The National Payments Corporation of India (NPCI) is looking at increased uptake of its RuPay debit cards among premium customers, as deals signed between banks and its global competitors Visa and Mastercard expire over the next few years.
Though RuPay controls 42 per cent of the Indian debit card market, the share of its cards is only 16 per cent of total Point of Sale (PoS) and e-commerce transactions. This is largely due to the fact that the majority of RuPay cards — around 220 million— are held by benefactors of the Jan Dhan Yojana scheme.
NPCI has already signed up over 750 banks, including cooperative banks and regional rural banks (RRBs), in the country, far larger than the 50 odd top banks Visa and Mastercard used to cater, prior to the RuPay’s entry.
Despite this deep penetration, top banks in the country continue to issue Visa and Mastercard debit cards instead of RuPay cards.
The Chhattisgarh government has decided to merge all the branches of the district central cooperative banks (DCCBs) with the state cooperative banks
The merger of DCCBs into a single entity would serve the farmers with better and efficient banking facilities.
The decision would enable small DCCB to merge into the state cooperative bank that would ensure the fiscal strength of the entity. After the merger, the working capital of the bank would increase to more than Rs 10 crore.
This would help the farmers to get more loans from the banks.
The Reserve Bank of India (RBI) has amended its earlier order asking banks to initiate bankruptcy proceedings against 12 companies which have outstanding loans amounting to over Rs 5,000 crore as on March 2016.
The amendment, made through a notification late on Saturday, comes after the Gujarat High Court asked the RBI to remove the stipulation on its order last month that the 12 non-performing assets (NPAs), or bad loans, would be granted priority at the National Company Law Tribunal.
In June, the RBI identified 12 accounts totaling 25 per cent of the NPAs of the banking system for insolvency proceedings.
The IAC (Internal Advisory Committee) noted that under the recommended criterion, 12 accounts totaling about 25 per cent of the current gross NPAs of the banking system would qualify for immediate reference under IBC (Insolvency and Bankruptcy Code, 2016),
Country’s largest bank SBI has waived charges for fund transfer of up to Rs.1,000 through its IMPS (Immediate Payment Service) to promote small transactions.
State Bank of India had been charging ₹5 along with the applicable service tax for IMPS fund transfer of up to Rs.1,000. IMPS is an instant interbank electronic fund transfer service through mobile phones as well as internet banking.
For IMPS, charge will be Rs. 5 along GST for fund transfer in the range of Rs. 1,000 to Rs. 1 lakh. The charge will go up to Rs. 15 for transactions of Rs.1-2 lakh. GST at the rate of 18 per cent is applicable on all financial transactions.
The 22nd World Petroleum Congress, began at Istanbul with a view to addressing the challenges facing the sector.
The World Petroleum Congress is organized every three years by the London-based World Petroleum Council and includes 65 member countries from around the world, representing over 96 percent of the global oil and gas production and consumption.
More than 20,000 participants, including high-level executives, representatives of international organisations and government leaders from over 100 countries, are expected to be present for the five-day Istanbul Congress.
Maltese lawmakers voted to legalize same-sex marriage on the Roman Catholic Mediterranean island
The law, which drew cross-party support, removes words including as “husband,” “wife,” “mother” and “father” from the Marriage Act and replaces them with the gender-neutral “spouse,” “parent who gave birth” and “parent who did not give birth.
Malta was the 24th country in the world to legalize same-sex marriage with Tuesday’s vote coming just two weeks after German lawmakers approved a similar measure in June.
The Union Cabinet approved the Joint Interpretative Notes (JIN) on the Agreement between India and Bangladesh for to bring clarity to the interpretation of the existing Bilateral Trade and Promotion Agreement (BIPA).
The JIN includes interpretative notes to be jointly adopted for many clauses, including, the definition of investor, definition of investment, exclusion of taxation measures, Fair and Equitable Treatment (FET), National Treatment (NT) and Most Favoured Nation (MFN) treatment, expropriation, essential security interests and Settlement of Disputes between an Investor-and a Contracting Party.
With increasing Bilateral Investment Treaty (BIT) disputes, issuance of such statements is likely to have strong persuasive value before tribunals.
The Cabinet was apprised of two Memorandum of Understandings (MoUs). The first was between India and Bangladesh on cyber security cooperation.
The other was between India and Palestine on cooperation in the field of information technology and electronics.
The Cabinet also gave an ex-post facto approval for signing a Joint Declaration of Intent (JDI) between India and Germany on cooperation in health.
Meghalaya chief minister Mukul Sangma launched the Livelihood Intervention and Facilitation of Entrepreneurship (Life) programme in Songsak in the East Garo Hills
Life is the “most inclusive” of all the programmes of the state government, “unlike the central schemes, which are mostly meant for the people below poverty line”.
The government, with its convergence of thoughts and actions, has been making an effort to reach out to the people with different sustainable and livelihood programmes to empower and enable the people for economic prosperity.
The main idea of Life was to ensure people migrate from urban areas to rural areas, as against the current trend, for taking up activities that revolves around agriculture, horticulture and other allied sectors.
Arunachal, Andaman and Nicobar Islands get exemption from SC highway liquor ban
The Supreme Court on Wednesday allowed Arunachal Pradesh and Andaman and Nicobar Islands to join the club of Sikkim and Meghalaya, both of which enjoy full exemption from the court’s ban on sale of liquor within 500 metres of National and State Highways.
A Bench led by Chief Justice of India J.S. Khehar took note of the geographical quirks of Arunachal Pradesh and the islands and concluded that they “deserved parity” with Sikkim and Meghalaya.
On March 31, the north-eastern States of Sikkim and Meghalaya got a full exemption from the 500-m no-liquor zone ban after the court took into consideration their hilly terrain and also the fact that 82% of its area was forest land and over 90% of its liquor shops would be closed if the ban was imposed strictly in its original form.
In a further partial relief, the court had also taken note of the fact that excise licence period varies in different States and extended beyond April 1, 2017. In such States, the court had extended the deadline for phasing out the licences to September 30, 2017.
Rajasthan has fixed minimum educational qualification for candidates interested in contesting elections for elections to village cooperative societies and various other cooperative bodies
To this effect, the Rajasthan Government amended the State Cooperative State Cooperative Societies Rules, 2003. The new rules will benefit around 10,000 cooperative and agricultural credit societies. In the long run the societies will reap the benefits as their management would be in expert hands.
The notification regarding the amendment was released on July 10.
Andhra Pradesh, Telangana and Gujarat are the three best-performing states in “ease of doing business”
Andhra Pradesh, Telangana and Gujarat are the three best-performing states in “ease of doing business”, NITI Aayog CEO Amitabh Kant said
On the other hand, Tamil Nadu, Kerala and Assam fare worst in the rankings, he told reporters in New Delhi.
Similarly, based on availability of electricity in rural households, he said, the best-performing states are Andhra Pradesh, Goa, Kerala, Punjab and Tamil Nadu, which have achieved 100% penetration.
The bottom three are Bihar with 46%, Nagaland with 45% and Jharkhand with 40%,
In nutrition, Kerala, Goa and Tripura are the best-performing states while Meghalaya, Jharkhand and Bihar are the worst, Kant said.
Tamil Nadu, Mizoram and Kerala come out on top in terms of reading comprehension while Uttarakhand, Chattisgarh and Bihar are at the bottom.
The Maharashtra government has decided to give free medical insurance cover of up to Rs10 lakh to all sitting and former legislators and their families.
The government will have to set aside Rs9.96 crore a year to pay the insurance premiums of 335 sitting legislators and 837 former legislators — 1,172 in all. Each premium works out to Rs85,000.
Legislators were earlier covered by the government’s medical reimbursement scheme.
A committee headed by top medical officials would examine and approve medical bills submitted by legislators. The annual expenditure on such reimbursements was about Rs9crore to Rs10 crore.
Under the new scheme, six of a family, regardless of their age and medical condition, are collectively entitled to an insurance cover of up to Rs10 lakh.
If the cover is exhausted, the policy has a contingency provision of Rs10 crore for all legislators.
Shri J P Nadda launched new family planning initiative “Mission Parivar Vikas” on World Population Day, it will focus on 146 high fertility districts in 7 states with high TFR for population stabilisation
Mission Parivar Vikas will focus on 146 high fertility districts in 7 states with high TFR. Under this, specific targeted initiatives shall be taken for population stabilisation through better services delivery
Parivar Vikas is a new initiative conceived by the Ministry with a strategic focus on improving access through provision of services, promotional schemes, commodity security, capacity building, enabling environment and intensive monitoring.
As a part of the new communications campaign linked to the rollout, the Health Minister also launched a new consumer friendly website on family planning and a 52 week radio show for couples to discuss issues related to marriage and family planning, which will be aired across the country.
Daily Current Affairs for 13 Jul, 17.
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