Weekly Current Affairs 22nd To 31st August 2020

National News

‘Green Deposit Programme’- HSBC India

• The ‘Green Deposit Programme’ is launched for corporate clients who will be responsible to provide finance to the green initiative projects and eco-friendly projects.

Open API Service Feature in Aarogya Setu App

• An Open API Service feature has been added in the Aarogya Setu App by GOI.
• The aim behind the introduction of this new feature is to help people, businesses and economy in its efforts to return to normalcy.

‘Harit Path’ App to Monitor Plantation along National Highways

• Union Minister for road transport and highways launched an app called ‘Harit Path’ app.
• The ‘Harit Path’ app will monitor and track the trees plantation along the national highways.

WHO Urges countries to Join Against COVID-19 ‘Vaccine Nationalism’

• To provide COVID-19 vaccines worldwide, the World Health Organization (WHO) has urged countries to join its Covid-19 Vaccine Global Access (COVAX) facility by 31st August 2020, for ensuring less wealthy countries have access to COVID-19 vaccines.

Draft Health Data Management Policy—By National Health Authority

• The draft proposes to secure electronic health records, electronic medical records by adopting technical measures and thus to increase data privacy.

NITI Aayog launched NDC-TIA Indian Component

• NITI Aayog has launched an Indian component called as Nationally Determined Contributions (NDC)- Transport Initiative for Asia (TIA), which is a multi-stakeholder dialogue platform.

7 New Circles of Archaeological Survey of India

• The Union Ministry of Culture and Tourism announced 7 new circles of Archaeological Survey of India.
• The new circles belong to the states of Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Karnataka, West Bengal and Gujrat.

‘Chunauti’--A Next Generation Startup Challenge Contest

• Union Minister for Electronics and Information Technology has launched a next-generation startup challenge contest, titled as ‘Chunauti’.
• The contest is launched to boost and encourage startups and software products especially in tier-II cities of India.

Uttar Pradesh partners with Israel

• The agreement is signed to solve the water crisis and to have proper water management in the Bundelkhand region.
• Hence the UP government has signed this agreement under ‘plan of cooperation’ with Israel’s water resource minister.

Ministry of Tourism partners with TAAI and FICCI Ladies Organisation

• Ministry of Tourism has signed an agreement with Travel Agents Association of India (TAAI) and FICCI Ladies Organisation (FLO).
• The agreement is signed for the purpose of women empowerment.

CMIA partners with UNDP

• The Chambers of Marathwada Industries and Agriculture (CMIA) has partnered with the United Nations Development Program (UNDP) to form a help desk for the MSMEs in India.

‘Pensioners Corner’ Mobile App—By CISF

• The Central Industrial Security Force (CISF) has developed and launched a mobile app called ‘Pensioners Corner’.

Punjab passed a Resolution Against Centre’s Farm Ordinance

• The Punjab assembly passed and gave approval for a resolution against Centre’s Farm Ordinance.
• The resolution was tabled by Punjab’s CM Amarinder Singh.

Agriota: Tech-Driven Agri Commodity Trading and Sourcing e-market

• The platform is launched to bridge the gap between Indian rural farmers and food industries of Gulf countries.

Banking

‘National Strategy for Financial Education 2020-2025’- RBI

• The Reserve Bank of India has released a national strategy for financial education for a period of five years.
• This National Strategy for Financial Education 2020-2025 aims to create a financially aware and empowered India.

GST exemption to the Businesses with Annual Turnover of upto Rs 40 lakh

• The ministry of finance has made an announcement to exempt the businesses with an annual turnover of Rs 40 lakh from GST.
• Earlier the businesses with an annual turnover of Rs 20 lakh were exempted from GST.

Debt and Credit Guarantee Programme introduced by NABARD

• The name of the programme or the product is ‘Structured Finance and Partial Guarantee Program’.
• The ‘Structured Finance and Partial Guarantee Program’ will provide partial guarantee on pooled loans offered to NBFCs and MFIs.

RBI Annual Report 2019-2020

• The gross non-performing ratio of the banking system has reduced to 9.1% when compared with March 2019 which was 11.2%.

ICICI Bank uses Satellite Data to Assess Creditworthiness of Farmers

• ICICI Bank is making use of imagery from earth observation satellites i.e. making use of data from the satellite to Assess Creditworthiness of farmers.
• Thus by doing so, ICICI Bank has become the first bank in India to use such an advance technique.

Liberty Saving Account—By Axis Bank

• The Liberty Saving Account will address the need of the youth and digitally interested Indians like changing lifestyles and hospital cash insurance covers.

National GIS-enabled Land Bank System

• The system is developed by integrating the Industrial Information System (IIS) to the State’s GIS. Until now, six major states are included in this system.

HDFC Bank partners with Adobe

• HDFC Bank has entered into a partnership with Adobe to offer and enhance the digital experience to its customers.

‘Smart Assist’- By Bajaj Allianz Life Insurance Company Ltd

• Bajaj Allianz Life Insurance Company Ltd has launched ‘Smart Assist’.
• ‘Smart Assist’ is a real-time technology-based assistant service.

Canara HSBC OBC Life Insurance partnered with Andhra Pragathi Grameena Bank

• The partnership is made to sell insurance policies related to life, health and pension of Canara HSBC OBC Life Insurance at branches of APGB.

Index and Ranking

NITI Aayog’s Export Preparedness Index 2020

• The EPI 2020 identifies challenges and opportunities along with the encouragement of facilitative regulatory framework.
• The ranking for EPI 2020 is topped by Gujarat.

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