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VSSUT first to set up Space Innovation-cum-Incubation Centre with ISRO

Space Innovation-cum-Incubation Centre
  • The Veer Surendra Sai University of Technology (VSSUT) became the first University in the country to set up a Space Innovation-cum-Incubation Centre with the Indian Space Research Organisation (ISRO).

World Water Week 2020

Tap
  • World Water Week 2020 is observed from 23-28 August, 2020. The World Water Week organized by Stockholm International Water Institute (SIWI) in Stockholm. World Water Week 2020 theme is ‘Water and Climate change: Accelerating Action’.

Government to sell up to 15 percent stake in HAL

HAL
  • The central government has decided to sell up to 15 percent stake in Hindustan Aeronautics Limited (HAL) through an offer for sale. The offer price will be at a 15 percent discount to the closing price on August 26 – Rs 1,177.75.

TN women top the list of MUDRA loan scheme beneficiaries

MUDRA loan scheme
  • Over 15 crore loans amounting to ₹4.78-lakh-crore have been disbursed to women borrowers since the inception of the Pradhan Mantri Mudra Yojana (PMMY) with Tamil Nadu topping the list in availing the loan followed by women in West Bengal and Karnataka.

Axis Bank introduces ‘Liberty Savings Account’ for Indian youth

Axis Bank
  • Axis Bank has launched a new savings account called the Axis Liberty Savings Account, aimed at millennial customers.
  • It offers customers the option of maintaining a minimum balance of ₹25,000 per month or spending the same amount every month using the bank’s debit card.

Govt launches national GIS-enabled land bank system

Piyush Goyal
  • The Commerce and Industry Minister, Piyush Goyal on August 27, 2020 e-launched the national GIS-enabled land bank system. It will help investors in getting real-time information about the availability of industrial land and resources.

Ministry of Culture announces 7 new circles of ASI

Ministry of Culture
  • The Union Minister of State for Culture and Tourism (IC), Shri Prahlad Singh Patel has announced 7 new circles of Archaeological Survey of India. These new circles have been formed in Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Karnataka, West Bengal and Gujarat. Along with the 7 new circles, the minister also added that the Hampi Mini Circle in Karnataka has been converted into a full-fledged circle.

Pradhan Mantri Jan Dhan Yojana completes 6 years

Money
  • The Pradhan Mantri Jan Dhan Yojana completed six years on August 28, 2020.
  • The key features of the scheme included the opening of basic saving bank deposit accounts with relaxed KYC, zero balance and zero charges and the issuance of debit cards with free accident insurance coverage of Rs 2 lakh and micro-insurance and overdraft for consumption, micro-pension and micro-credit facilities.

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