Category: National Current Affairs

PhonePe pairs-up with ICICI Bank on UPI multi-bank model

June 30, 2020

• Flipkart-owned PhonePe it has tied-up with ICICI Bank on UPI multi-bank model, providing its customers the option to make and utilize multiple UPI IDs with ICICI and Yes Bank”s handles.

Tamil Nadu, World Bank ink loan agreements worth $250 mn to advance affordable housing projects

June 30, 2020

• The central government, Tamil Nadu state government and the World Bank on 29th June inked loan ventures worth $250 million for two projects to encourage low-income groups in the state to have access to affordable housing.

Gujarat Govt’s Online support ”At One Click” Initiative For MSME

June 30, 2020

• The Chief Minister of Gujarat Vijay Rupani started the online support initiative ‘At One Click’ with Rs 1,369 crore for almost 13000 Micro Small and Medium Enterprises (MSME) (i.e. MSMEs and textile industries) in Gujarat.

World Bank grants USD 500 million to improve the quality of Education System

June 29, 2020

• The World Bank on 28th June declared its Board of Executive Directors has permitted USD 500 million (about Rs 3,700 crore) loan to upgrade quality and governance of school education in six Indian states. The board authorized a loan for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020.

Union Govt gave Rs 500 cr Emergency Funds to Armed Forces for War Preparedness

June 29, 2020

• The Central Government has invested special financial powers of Rs 500 crore as emergency funds to armed forces for war preparation between ongoing border tensions with China.

Arjun Munda starts tribes India products on GeM and new website of “TRIFED”

June 29, 2020

• ArjunUnion Minister of Tribal Affairs Arjun Munda started via a video conference the tribes India stocks on Government e-Marketplace – GeM and a new website of Tribal Cooperative Marketing Development Federation of India (TRIFED)-(https://trifed.tribal. gov.in).

India, Bhutan ink pact for the first joint venture hydropower project

June 29, 2020

• India and Bhutan inked a pact for the construction of the 600 MW Kholongchhu project, their first hydropower joint venture project in Bhutan’s less advanced eastern region of Trashiyangtse. The project’s “Concession agreement,” which was inked in the presence through video-conference.

Maharashtra CM starts the world’s largest convalescent plasma project

June 29, 2020

• Maharashtra Chief Minister Uddhav Thackeray on 29th June started convalescent plasma therapy-cum- trial project for treatment of severe COVID-19 patients with a state medical education department official terming it the largest initiative of its kind in the world.

Govt starts PM FPE scheme

June 29, 2020

• The government on 29th June started the PM Formalization of Micro Food Processing Enterprises (PM FME) scheme as a part of ‘Atmanirbhar Bharat Abhiyan’ and as a part of Prime Minister’s ‘Atmanirbhar Bharat Abhiyan’. It will serve 8 lakh units through access to information, training, better exposure and formalization.

YSR Jagananna colonies with 30 lakh houses to be constructed in Andhra Pradesh

June 29, 2020

• The State Government of Andhra Pradesh will take up the building of 3 Million (30 lakh) houses under the YSR Jagananna Colonies plan after distributing the house localities to the recipients on 8th July 2020. Jagananna Colonies is part of the State Government’s Navratnalu- Pedalandariki Illu (houses for all the poor) Program.