National News
Railway to launch Pilot Project to introduce Industry 4.0
- The pilot project has been launched by the Ministry of Railways and the Department of Science and Technology in partnership with IIT Kanpur.
- The department of Science and Technology has recently launched 'Interdisciplinary Cyber-Physical Systems (ICPS)' to enhance research and development work in this field.
‘Consumer App’ Launched by MCAFPD
- Ministry of Consumer Affairs, Food & Public Distribution launched ‘Consumer App’: A one-stop solution for consumer grievance redressal’.
- Consumers get information about 42 Sectors including e-commerce, Banking, Insurance, Consumer Durables, Electronic Products, etc.
Delhi-Katra Vande Bharat Express
- The train operation aims the speedy development of the Jammu and Kashmir region and makes it par with the other states.
- This will also improve connectivity along with spiritual tourism of devotees to Vaishno Devi.
India and Mauritius jointly launched Projects
- The grant (total $353 million) was awarded by the Government of India to Mauritius in March 2017.
- In 2017, India provided a Special Economic Package of $353 million for the execution of five projects in Mauritius, of which the Metro Express project and the ENT hospital are the part.
'Sarbat Da Bhala Express'
- Union Minister Harsimrat Kaur Badal requested to rename the train on the occasion of the 550th Parkash Purb i.e. the 550th birth anniversary of Guru Nanak Dev Ji.
- In Sultanpur Lodhi only, Guru Nanak Ji spent 14 years of his life and taught that all communities are one.
Financial assistance for the State of Karnataka and Bihar
- Union Minister for Home Affairs, Shri Amit Shah has approved the advance release of Rs.400 crore and Rs.1200 crore to the State of Bihar and Karnataka respectively, from National Disaster Response Fund (NDRF).
- During the South-West Monsoon 2019, 13 States have been affected by unprecedented floods/landslide.
eDant Seva Website & Mobile Application
- The first-ever oral health awareness website and mobile application are launched by the All India Institute of Medical Sciences (AIIMS) in collaboration with the Union Health Ministry.
- The 'e-DantSeva' digital platform will contain the information about the National Oral Health Programme, list of dental colleges and facility etc.
Special Economic Zone (SEZ) at West Jalefa, Tripura
- The Tripura government submitted a proposal in June this year, to the Ministry of Industries and Commerce for the setting of an agro-based SEZ at Jalefa.
- An estimated investment of around Rs. 1550 crore will be made in setting up first-ever SEZ.
Youth Co: Lab jointly launched by NITI Aayog and UNDP
- The Youth Co: Lab is launched with the aim of accelerating social entrepreneurship and innovation in young India and promote youth leadership.
- The Youth Co: Lab will give a chance to the young entrepreneurs and innovators, to connect with governments, investors, mentors, incubators etc. who will help equip them with entrepreneurial skills.
Vayoshreshtha Samman-2019
- It is a scheme of awards gradually upgraded to the status of National Awards and is instituted by the Social Justice and Empowerment Ministry.
- International Day of Older Persons was observed on 1st October and these awards are presented as a part of it.
50th International Film Festival of India 2019
- The Golden Jubilee edition of the festival will showcase 200 best films from 76 countries, 26 feature films and 15 non-feature films in the Indian Panorama section.
- Information and Broadcasting Ministry said that for the first time, films with audio Deion will be screened for the visually impaired.
Banking
RBI cuts Repo Rate by 25 Basis Points
- The cut has been made to 5.15% from 5.40% earlier, while the reverse repo rate has been adjusted to 4.90% and bank rate at 5.40 %.
- RBI has revised the GDP outlook from 6.9% in previous Monetary Policy committee meet in August to 6.1% for 2019-20.
Swiss Bank Shared Financial Info with India
- Switzerland Federal Tax Administration (FTA) has exchanges information on financial accounts with 75 countries, about their nationals within the AEOI (Automatic Exchange of Information) framework.
- The AEOI implementation is reviewed by the Global Forum of the Organisation for Economic Cooperation and Development.
Bharat-22 Exchange Traded Fund (ETF)
- The amount raised through Bharat-22 would help the government meet its disinvestment target of Rs 1.05 lakh crore for the current financial year.
- State Bank of India (SBI). Indian Bank and Bank of Baroda are the only three public sector banks that figure in Bharat-22 index.
Index and Ranking
World Digital Competitiveness Rankings
- The largest jump was registered by Indonesia and China i.e. from 62nd to 56th and 30th to 22nd respectively.
- The Index ranks 63 nations and measures their capacity to adopt digital technologies as a key driver for economic transformation in government, business, and society.
School Education Quality Index (SEQI)
- The index provides States and UTs with a platform to identify their strengths and weaknesses and aims to bring an ‘outcomes’ focus to education policy.
- This is the 1st edition of SEQI which foster the spirit of competitive and cooperative federalism and consists of 30 critical indicators.
Swacch Bharat cleanliness Assessment 2019
- The North Western Railways headquartered at Jaipur has maintained top rank consecutively for the second year.
- Jaipur Junction and Gandhinagar Jaipur stations have made the facility to treat single-use plastic, and bottle crushing machines have been planted at the station.
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