Current Affairs : 1st May 2016

Centre approves Rs.9,005 Cr. investment for affordable housing in three states

The government of India has approved an investment of Rs.9,005 crore for construction of 73,205 more houses for Economically Weaker Sections(EWS) in urban under Prime Minister’s AwasYojana(PMAY) in the States of Maharashtra, Punjab and Jammu & Kashmir.
An inter-ministerial Central Screening & Monitoring Committee chaired by Dr.NanditaChatterjee, Secretary (HUPA) approved the first batch of housing proposals during the current financial year.

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SIDBI signs MoU with Saarc Development Fund

Small Industries Development Bank of India (SIDBI) and Saarc Development Fund (SDF) has signed a Memorandum of Understanding (MOU) for mutual cooperation and collaboration.
According to the Finance Ministry, MoU envisages SDF and SIDBI to work together in co-funding of projects in Indian MSMEs on risk sharing basis in identified sectors, development of suitable financial products for SME financing for Micro Small and Medium Enterprises(MSMEs) of other Saarc states.

S K Bhagat appointed DG- Railway Protection Force

Senior IPS officer of Uttarakhand cadre Surender Kumar Bhagat has been appointed as the Director General (DG) of Railways Protection Force (RPF).
He is presently working as Special Director General in Central Reserve Police Force (CRPF) at Western Sector, Jammu & Kashmir.

BlackBerry Launches BBM Money Transfer Service in India

Smartphone maker BlackBerry, in partnership with digital payments platform Digitsecure, has launched its money transfer service, called BBM Money, in India.
BlackBerry users can download the BBM Money app and transfer funds to one another through BlackBerry Messenger.
Facebook is the only other service in India that allows transfer of money through a messenger application.

NK Singh selected for Japan’s highest civilian award

Former bureaucrat and parliamentarian N. K. Singh will receive one of Japan’s highest civilian honours for promoting economic, educational and cultural ties between India and Japan.
He is among 91 foreign recipients to be honored during the 2016 Spring Imperial Decoration of Japan by Emperor Akihito during the investiture ceremony in May 2016.

India, Papua New Guinea sign four agreements

India and Papua New Guinea(PNG) have signed four Memorandum of Understandings (MoUs) in various sectors to boost bilateral cooperation.
The MoUs were signed in the presence of the visiting President Pranab Mukherjee and the Papua New Guinea Prime Minister Peter O’ Neil in Port Moresby, capital of Papua New Guinea

Odisha CM launches 100 piped water supply projects

The chief minister of Odisha Naveen Patnaik dedicated to the people 100 piped water supply projects for rural areas and promise to make piped water provision in all gram panchayats by 2017.
The project was inaugurated on the occasion of 'UtkalGaurabMadhusudanDas’ anniversary.

Rio Olympics: AbhinavBindra joins Salman Khan as India's Goodwill Ambassador

Beijing Olympics gold medalist and ace shooter AbhinavBindra today accepted the offer of the Indian Olympic Association to become India's Goodwill Ambassador for the Rio Olympics.
The IOA had stirred up a controversy last Sunday when they named Salman Khan as a Goodwill Ambassador.

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