Daily Current Affairs 6 September 2020 for Banking/Insurance/SSC and other related exams.
Centre approves setting up of Medical college in Mon district of Nagaland
The Central government has given approval for setting up a Medical college in Mon district of Nagaland.
- This will be the second medical college in the state, after the Medical College in Kohima which is now under construction.
- This landmark decision of the Union Government will boost the State Government’s effort to revolutionise the state health sector.
Cabinet approves Bill to include Kashmiri, Dogri, Hindi as official languages in Jammu and Kashmir
The Union Cabinet approved a bill under which Kashmiri, Dogri and Hindi, apart from the existing Urdu and English, will be the official languages in the union territory of Jammu and Kashmir.
- Announcing the decision at a news briefing, Union Minister Prakash Javadekar said the Jammu and Kashmir Official Languages Bill, 2020 will be introduced in Parliament in the upcoming Monsoon Session.
Donald Trump announces Wilmington as first World War II Heritage City
US President Donald Trump announced Wilmington in southern US state North Carolina as the first World War II Heritage City at a ceremony held to mark the 75th anniversary of the end of World War II.
- During the war, Wilmington was the site of the North Carolina Shipbuilding Company, which built 243 ships in five years as part of the federal government’s emergency shipbuilding program.
BANKING & FINANCE
Banks Sanctioned Rs 5,350cr To Cos In West Bengal As Emergency Loans: Official
Banks in West Bengal have sanctioned Rs 5,350 crore of loans till the last week of August to businesses to tide over liquidity woes amid the COVID-19 crisis.
- Public and private sector lenders have sanctioned the loans under the Centre’s Emergency Credit Line Guarantee Scheme (ECLGS). At the national level, the amount stood at around Rs 1.60 lakh crore
Aditya Birla Idea Payments Bank Ceased to Be Banking Company: RBI
Aditya Birla Idea Payments Bank has ceased to be a banking company within the meaning of the Banking Regulation Act, the Reserve Bank said.
- The decision to shut operations by the Aditya Birla Idea Payments Bank was taken due to unanticipated developments in the business landscape which have made the economic model unviable, a regulatory filing by the Vodafone Idea Limited had said in July last year.
- The RBI said Westpac Banking Corporation has also ceased to be a banking company.
BUSINESS & ECONOMY
CyberPeace Foundation and WhatsApp partner to drive online safety for children and educators
Facebook-owned WhatsApp said it has partnered Cyber Peace Foundation (CPF) to create awareness on cyber safety among students.
- The partners aim to reach about 15,000 students in five Indian states Delhi, Madhya Pradesh, Bihar, Jharkhand and Maharashtra by the end of this year under the first phase of a pan-India programme.
- CyberPeace Foundation will train teachers, parents and students using a co-created curriculum to arm them with tips and tricks to increase online safety for children in consultation with UNICEF and state police authorities.
Andhra Pradesh tops Ease of Doing Business rankings of States and UTs, followed by UP and Telangana
Andhra Pradesh retained its top position in ease of doing business ranking 2019, followed by Uttar Pradesh and Telangana, as per the State Business Reform Action Plan Ranking released by the commerce and industry ministry.
- The ranking was based on 180 reform points such as easy access to information, improved labour laws, speedy construction permits, land administration and single window approvals, and 36 states/UTs participated in the action plan that is aimed at improving business environment in states by simplifying procedures, digitization of information and easing compliance burden.
IIT Roorkee signs MoU with NIUA for building accessible, safe Indian cities
The National Institute of Urban Affairs (NIUA) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee for collaboration in areas of universal design principles and inclusive development in the backdrop of ‘Building Accessible Safe Inclusive Indian Cities’ (BASIIC) program.
- The association will aim to leverage the technical capacities of both institutions, which will lead to creation and sharing of knowledge and resources for devising strategies in making Indian cities more accessible, safe, and inclusive for Persons with Disabilities (PwDs), elderly, women, and children among others.
SVP Group inks MoU with Rajasthan govt to invest Rs 4,000 crore in aviation, textile sectors
The Rajasthan government signed a Memorandum of Understanding (MoU) with ShriVallabh Pittie (SVP) International Group for development of facilities related to aviation, defence and textile sectors.
- Investment of Rs 4,000 crore is estimated under the projects which would generate employment for more than 4,000 people.
- The projects are proposed to be developed at mutually agreed locations in the state.
Bureaucrat Kshatrapati Shivaji takes up India’s top statistical post
The Government of India has appointed Kshatrapati Shivaji, a 1986-batch Maharashtra cadre IAS officer, as secretary in the Ministry of Statistics and Programme Implementation (MoSPI) from September 1.
- The secretary at this ministry is, by design, known as the chief statistician of India.
- The Government has not appointed a full-time Chief statistician yet while Kshatrapati Shivaji will continue to head the Ministry of Personnel, Public Grievances and Pensions.
Anil Jain Set to be Elected New AITA President, Anil Dhupar Secretary General
BJP’s Rajya Sabha member Anil Jain is set to be elected as the new president of All India Tennis Association (AITA) while Anil Dhupar will take over as the secretary-general at the Annual General Meeting (AGM) of the national federation.
- Jain, who is also the ruling party’s national general secretary, will replace Praveen Mahajan as AITA president.
- The AITA will also elect four joint secretaries and three of them would be Sunder Iyer (Maharashtra State Lawn Tennis Association), Prem Kumar Karra (Tamil Nadu Tennis Association) and Suman Kapur (Haryana Lawn Tennis Association).
MV Raja Sekhar takes charge as director (R&D), BEL
The Bharat Electronics Ltd’s (BEL) Board of Directors has approved the appointment of M V Rajasekhar as Additional Director – Director (R&D).
- This comes after the Ministry of Defence on July 6 appointed Rajasekhar as Director – R&D vice Mahesh V, who has retired from services on August 31 on attaining superannuation.
Charu Sinha becomes first woman IG to lead CRPF in Kashmir
IPS officer Charu Sinha has become the first woman commander to head the Central Reserve Police Force (CRPF) formation in the Kashmir Valley.
- Sinha, a 1996-batch officer of the Telangana cadre, has been appointed as the Inspector General (IG) of CRPF’s Srinagar sector that oversees the deployment of the paramilitary forces’ battalions in Srinagar city of the Union Territory of Jammu and Kashmir.
- The officer was till now serving as the CRPF IG in Jammu. She earlier headed the CRPF formation in Bihar that includes the deployment of the force in anti-Naxal operations in that state.
SIAM appoints Maruti Suzuki India CEO Kenichi Ayukawa as its new president
The Society of India Automobile Manufacturers (SIAM) has announced the appointment of Kenichi Ayukawa as its new President. Ayukawa is the MD & CEO, Maruti Suzuki India Ltd since the year 2013.
- Ayukawa, who was the Vice President of SIAM succeeds Rajan Wadhera, Senior Advisor, Mahindra & Mahindra Ltd.
ACQUISITIONS & MERGERS
IndiGrid completes acquisition of GPTL from Sterlite Power
IndiGrid has completed the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power for ₹1,080 crore.
- IndiGrid, India’s first power sector InvIT, is managed by Sterlite Investment Managers Limited, wherein KKR and GIC jointly own 57 per cent in the InvIT.
- With this acquisition, IndiGrid’s AUM has increased by 9% to INR 133 Bn (USD 1.80 Bn)dxz