"Rajiv Gandhi Kisaan Nyay Yojana" launched in Chhattisgarh

“Rajiv Gandhi Kisaan Nyay Yojana” launched in Chhattisgarh

Chhattisgarh government has launched “Rajiv Gandhi Kisan Nyay Yojana” on the occasion of death anniversary of former Prime Minister Rajiv Gandhi. The farmer centered scheme aims to stimulate the rural economy in the state, amid the COVID-19 pandemic. The provision of the scheme was made in the Budget 2020-21. The scheme is expected to benefit over 1.87 million farmers.

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Features of “Rajiv Gandhi Kisaan Nyay Yojana”:

Under the “Rajiv Gandhi Kisaan Nyay Yojana”, Chhattisgarh government will inject Rs 5100 crore into the state’s rural economy. This will be done by directly transferring the grant amount into the farmers’ accounts via Direct Benefit Transfer. Amount of Rs 10,000 per acre would be paid to the farmers for paddy, corn and sugarcane crops, based on the registered and procured area for the kharif season. The state government also seeks to offer a fixed amount per acre on the basis of registered and notified areas for pulses and oilseed crops.

Important takeaways for all competitive exams:

Chief Minister of Chhattisgarh : Bhupesh Baghel; Governor: Anusuiya Uikey.

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Uttar Pradesh governement launches ‘UP Start-up Fund’

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Uttar Pradesh government has set up ‘UP Start-up Fund’ under the UP Information Technology and Start-up Policy 2017. An MoU has been signed between the Uttar Pradesh government and the Small Industries Development Bank of India (SIDBI) and the fund will be managed by SIDBI. Initial contribution of Rs 15 crore has been made to the fund. The fund aims to support the registered start-up ventures present across different verticals in Uttar Pradesh.

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About “UP Start-up Fund”:

The ‘UP Start-up Fund’ has been established under the UP Information Technology and Start-up Policy 2017 by the Uttar Pradesh government. It will be in the form of Fund of Funds. This fund will take part in Securities and Exchange Board of India (SEBI) approved Alternative Investment Funds and would not be invested directly into start-ups. The fund will be operated for a period of 12 years and will be professionally managed, with SIDBI acting as the fund manager.

Important takeaways for all competitive exams:

Chief Minister of Uttar Pradesh: Yogi Aditya Nath; Governor: Anandiben Patel.

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Intellect Design Arena launches “iTurmeric Fincloud” platform

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“iTurmeric FinCloud” is a cloud-ready, API-first, microservices-based platform which has been launched by the Intellect Design Arena Ltd, a full spectrum banking and insurance products company. This platform has been launched through IBM public cloud. This platform will enable the new digital banks’ systems to be tested and run in isolation or in parallel with core legacy systems. The platform comprises of various facilities such as retail banking, lending, origination, and corporate banking API.

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As most of the banks worldwide are burdened with legacy platforms and hampering them from taking part in the experience economy. For these banks the “iTurmeric FinCloud” platform will be very beneficial as it will provide banks a very unique way of progressive modernisation, using Turmeric tools without the risk of rip and replacement. Hence with the help of this platform, these banks will continue to run without interruption or compromise.

Important takeaways for all competitive exams:

Chairman & Managing Director of Intellect Design Arena Limited: Arun Jain.

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Dr Harsh Vardhan to take charge as chairman of WHO Executive Board

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Union Minister of Health and Family Welfare, Dr Harsh Vardhan will take charge as the chairman of the World Health Organization (WHO) 34-member Executive Board. He will replace Dr Hiroki Nakatani of Japan. The WHO is governed by two decision-making bodies, the World Health Assembly and the Executive Board.

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About the WHO Executive Board:

The WHO Executive Board is composed of 34 members technically qualified in the field of health, with members being elected for three-year terms. The Health Assembly is the WHO’s decision-making body and consists of 194 Member States. The Board chairman’s post is held by rotation for one year by each of the WHO’s six regional groups: African Region, Region of the Americas, South-East Asia Region, European Region, Eastern Mediterranean Region, and Western Pacific Region.

The main functions of the Board are to give effect to the decisions and policies of the Health Assembly, to advise it and generally to facilitate its work. The Board and the Assembly create a forum for debate on health issues and for addressing concerns raised by the Member States.

India at the WHO:

India became a party to the WHO Constitution on 12 January 1948. The first session of the South East Asia Regional Committee was held on October 4-5, 1948 in the office of the Indian Minister of Health, and was inaugurated by Jawaharlal Nehru, the first Prime Minister.

Important takeaways for all competitive exams:

Headquarters of WHO: Geneva, Switzerland.
Director-general of WHO: Tedros Adhanom.

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Anti Terrorism Day 2020: 21st May

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Anti Terrorism Day 2020 is observed on 21st May every year in India. The day marks the death anniversary of India’s seventh Prime Minister Rajiv Gandhi on 21 May 1991. He was killed in Tamil Nadu in a campaign by the Tamil Tigers Eelam (LTTE) a terrorist group. After this assassination, V.P. Singh government has decided to observe 21st May as Anti Terrorism Day.

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The day spread awareness about the violence caused by the terrorists. Anti Terrorism Day is observed to provide knowledge to the youth about terrorism, its impact on human suffering and lives. This day also makes people aware of an anti-social act of terrorism.

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Carmen Reinhart appointed as Chief Economist of World Bank Group

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World Bank Group has appointed Carmen Reinhart as its new Vice President and Chief Economist. Her appointment will be effective from June 15, 2020. She was a Senior Policy Advisor and Deputy Director at the IMF and Vice President and Chief Economist of the investment bank Bear Stearns.

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Carmen Reinhart has been ranked among the top Economists worldwide based on publications and scholarly citations. She was also awarded the King Juan Carlos Prize in Economics as well as NABE’s Adam Smith Award. She has been listed among Bloomberg Markets Most Influential 50 in Finance, Foreign Policy’s Top 100 Global Thinkers, and Thomson Reuters’ The World’s Most Influential Scientific Minds.

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“Didi Vehicle Service” launched in Madhya Pradesh

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“Didi Vehicle Service” has been launched by the women of Rural Livelihood Mission in the tribal-dominated Jhabua district of Madhya Pradesh. Didi Vehicle Service has been launched for rural women for the safe delivery, hence proving to be a lifeline for pregnant rural women in tribal areas. The vehicle under the “Didi Vehicle Service” will also be available for other emergency services.

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The women of Rural Livelihood Mission are providing vehicle completely free under the “Didi Vehicle Service” which has been launched in 29 villages of 10 Gram Panchayats of Petlavad development block of Jhabua. The expenses of Didi vehicle service are borne by the women through the interest they are earning on their savings.

Important takeaways for all competitive exams:

Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Lal Ji Tandon.

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NADA provisionally suspends powerlifters Savita Kumari & Ankit Shishodia

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Two Indian Powerlifters namely Savita Kumari & Ankit Shishodia have been provisionally suspended by the National Anti Doping Agency (NADA). The powerlifters have been provisionally suspended for violating the anti-doping rules.

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Both athletes were given a chance to present themselves before the Anti Doping Disciplinary Panel (ADDP) to explain their cases. But because of lockdown amid COVID-19 pandemic, no sitting of panel could take place.

Important takeaways for all competitive exams:

Director General of National Anti Doping Agency: Navin Agarwal.
The National Anti Doping Agency was established by the Government of India, with the objective of acting as the independent Anti-Doping Organization for India having a vision of dope free sports.

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“Mee Annapurna” initiative launched in Maharashtra

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“Mee Annapurna” initiative has been launched in Maharashtra by an IRDA licensed insurance intermediary “Integrated Risk Insurance”. This initiative has been launched by Integrated Risk Insurance as a part of its commitment as a Corporate Social Responsibility towards the welfare of the farmers and agriculture community in Maharashtra. This initiative is based on three commandments namely: Expertise, Engagement and Entitlement.

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“Mee Annapurna” is a commitment of Integrated Risk Insurance to the Bhoomiputra’s of Atmanirbhar Maharashtra in order to uplift the farming community by providing them long term sustainable programme for the continuity of their income.

Important takeaways for all competitive exams:

Chief Minister of Maharashtra: Uddhav Thackeray; Governor: Bhagat Singh Koshyari.

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Govinda Rajulu Chintala appointed as chairman of NABARD

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The Appointments Committee of the Union Cabinet has appointed Govinda Rajulu Chintala as the Chairman of National Bank for Agriculture and Rural Development (NABARD). He is presently serving as the Chief General Manager at NABARD and will remain on the post till his superannuation in July 2022. Presently, Dr. Harsh Kumar Bhanwala is serving as the Chairman of NABARD.

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The appointments committee of the union cabinet has also cleared the appointment of Shaji KV as the Deputy Managing Director at NABARD for a period of five years. He is currently serving as the General Manager at Canara Bank. P.V.S. Suryakumar is also appointed as Deputy Managing Director till his superannuation in July 2023. Along with the appointments, the tenure of Vaidya Rajesh Kotecha, secretary in the AYUSH ministry, has been extended on a contract basis for two years.

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