NITI Aayog Releases the Second Edition of “Healthy States, Progressive India” Report
NITI Aayog released the Second Edition of “Healthy States, Progressive India” today. The report ranks states and Union territories innovatively on their year-on-year incremental change in health outcomes, as well as, their overall performance. The Round II report focuses on measuring and highlighting the overall performance and incremental improvement over a two year period (2016-17 and 2017-18) in the States and UTs
The report was released jointly by Vice Chairman, NITI Aayog, Dr. Rajiv Kumar , Member NITI Aayog Dr. VKPaul, CEO, NITI Aayog; Amitabh Kant and the Secretary, Ministry of Health & Family Welfare; Preeti Sudan The report has been developed by NITI Aayog, with technical assistance from the World Bank, and in consultation with the Ministry of Health and Family Welfare (MoHFW).
Among the Larger States, Kerala, Andhra Pradesh & Maharashtra ranked on top in terms of overall performance, while Haryana, Rajasthan and Jharkhand are the top three ranking States in terms of annual incremental performance.
India signs Loan Agreement with the World Bank for USD 31.58 Million for Uttarakhand Public Financial Management Strengthening Project; Project to help improve the State’s ability to manage its Financial Systems and lead to Better Utilization of Development Resources
The Government of India, the Government of Uttarakhand and the World Bank signed here today a Loan Agreement of $31.58 million for the Uttarakhand Public Financial Management Strengthening Projectthat will help improve the State’s ability to manage its Financial Systems and lead to Better Utilization of Development Resources.
The Uttarakhand Public Financial Management Strengthening Project will support the State Government’s initiative to build and modernize the Technical and Financial Management Capabilities of its Local Bodies and theState-owned Enterprises.
The Fifteenth Finance Commission meets representatives of Trade and Industry in Karnataka
The 15th Finance Commission headed by Chairman, Shri N.K. Singh alongwith its Members and senior officials met today with the representatives of the Trade and Industry in Karnataka.
The Commission observed that:
i) Growth rate of GSDP (constant prices, 2011-12 series) of Karnataka has fluctuated widely from 2012-13 to 2018-19, compared to GDP (constant prices, 2011-12 series) of India.
ii) Share of tertiary sector in GSVA (current prices) of Karnataka is highest amongst all southern states.
iii) Main drivers of tertiary sector in the State are IT and ITeS. Karnataka is home to the 4th largest technology cluster in the world.
iv)Bengaluru is known as the start-up capital of India and it is reported that nearly 30% of the start-ups in the country are from Bengaluru (as per state’s memorandum).
v) In the Ease of Doing Business Rankings, Karnataka was ranked 8th, amongst all states, in 2017.
vi) Manufacturing sector in the state majorly comprises automobile, aerospace, textile & garment, biotech, heavy engineering and agro industries.
Gross NPAs of Public Sector Banks (PSBs) have declined by Rs. 89,189 crore from the peak of Rs. 8,95,601 crore in March 2018 to Rs. 8,06,412 crore in March 2019
As per Reserve Bank of India (RBI) data on global operations (provisional data for the financial year ending March 2019), Gross Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) have declined by Rs. 89,189 crore from the peak of Rs. 8,95,601 crore in March 2018 to Rs. 8,06,412 crore in March 2019 (provisional data).
RBI panel suggests Rs. 5,000-cr stressed assets fund for MSMEs
To give micro, small and medium enterprises (MSMEs) a leg up, an RBI panel has recommended establishing a Rs. 5,000-crore distressed assets fund, setting up a non-profit special purpose vehicle (SPV) to support crowd-funding, and doubling the limit for banks to extend loans without collateral to Rs. 20 lakh.
The expert committee on MSMEs, headed by former SEBI Chairman UK Sinha, has suggested that the distressed asset fund assist units in clusters where a change in the external environment — such as a ban on plastics, or dumping of goods via exports — has led to a large number of MSMEs becoming non-performing. This fund will have to be of significant size to make equity investments that help unlock debt or revive sick units.
India to set up RE capacity of 500 GW by 2030
India aims to set up 500 GW of renewable energy generation capacity by 2030, Aanand Kumar, Secretary, Ministry of New and Renewable Energy, said.
“India would have installed 175 GW of RE capacity by 2022 without taking into account large hydro and 225 GW including large hydro. By 2030, India plans to establish 500 GW of renewable energy capacity.” Kumar said at the 17th meeting of the International Renewable Energy Agency (IRENA) Council held in Abu Dhabi.
Kotak Mutual Fund launches multi-cap NFO
Kotak Mutual Fund has launched a new fund offer (NFO) of the open-ended multi-cap Kotak Focused Equity Fund which targets to generate long-term capital appreciation by investing in equity and equity-related instruments across market capitalisation.
The fund will invest in a concentrated portfolio of up to 30 stocks in large-, mid- and small-cap stocks. The NFO will close on July 9.
India submits bid to host 2023 IOC session in Mumbai
India on Tuesday proposed to host the 2023 International Olympic Committee session in Mumbai, which is expected to choose the host city for the 2030 Winter Olympics.
Indian Olympic Association President Narinder Batra and IOC member Nita Ambani submitted the formal bid to the IOC chief Thomas Back on the sidelines of the governing body's 134th Session.
Japan Gifts Museum of Peace to Manipur in Memory of Second World War
Japan has gifted a war museum called Imphal Peace Museum to Manipur on June 22, 2019 located at Red Hill, 20 km south west of Imphal.
The museum has bene inaugurated to mark the 75th anniversary of the Battle of Imphal.
The Battle of Imphal is regarded as one of the fiercest battles of World War II in which about 70,000 Japanese soldiers along with the Indian National Army, died in battles with the British-led Allied forces in areas around Imphal and Kohima from March to June 1944.
Russia extended its ban on food products from the European Union up to 31 December 2020
Russian president Vladimir Putin has signed for extending Moscow’s Embargo on food products from European Union (EU) upto 31 December 2020. This is due to Russia's retaliation against sanctions over Ukraine. The decree prohibits a number of imports from various countries for one year which includes agricultural products, raw materials and other food items.
Russia primarily targeted their restrictions on finance, energy and defence sectors of Russian economy. Russian economy is affected by pushing up the food products.
Rachna Khaira of The Tribune News Service won the 2019 Journalist of the Year
Rachna Khaira of The Tribune News Service won the Redlnk Award for Excellence in Indian Journalism Journalist of the Year 2019. She is currently working for The Huffington Post.
Awarded for:
The award is for her expose during 2018 on functioning of the Unique Identification Authority of India (UIDAI) and its Aadhaar data cache. The investigation that was conducted by Rachna Khaira confirmed that personal data of millions of citizens were at risk of being hacked/traded for a price.
The journalists ran a series of sting operations regarding the isssue and it helped to raise serious doubts over government claims that Aadhaar data stored on UIDAI servers was safe and secure.
Italy won the bid to host the 2026 Winter Olympics
The International Olympic Committee (IOC) announced that the 2026 Winter Olympics will be staged at the Italian venue of Milan/Cortina d'Ampezzo. The Winter Games will happen from 6 February to 22 February in 2026. Italy beat off a bid from Stockholm/Are in Sweden. Italy won the bid bythe approval of the IOC members by 47 votes to 34.
Italy has twice previously hosted the Winter Olympics twice. It first hosted Olympics in 1956 in Cortina d'Ampezzo and then in 2006 in Turin. It has been estimated that the Games will generate five billion euros ($5.69 billion) and create 20,000 jobs.
The 2022 Winter Olympics will be staged in Beijing.
Government of Jharkhand to get $147 Million Loan from World Bank
Government of Jharkhand and the World Bank, signed a $147 Million Loan Agreement
They provide basic urban services to the people of Jharkhand and planned to help improve the management capacity of the urban local bodies (ULBs) in the State.
The Jharkhand Municipal Development Project mainly focus on improving the municipal sector’s capacity.
It will invest in urban services such as water supply, sewerage, drainage, and urban roads; and strengthen the capacity of the Jharkhand Urban Infrastructure Development Company (JUIDCO).
Central Government planned to set up Krishi Vigyan Kendras to double farmers' income by 2022
Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar made central Government to decide to use digital technology across rural India to double farmers income by the year 2022.
The Government set up 713 Krishi Vigyan Kendras (KVK) and 684 Agricultural Technology Management Agencies (ATMA) at the district level in the country for dissemination of technologies among the farming community.
The Artificial Intelligence, Big Data Analytics, and Block Chair Technology, Internet of things(loT) are the technologies used here.
The space technology which helps to forecast agricultural output, agro-meteorology and land-based observations, horticulture assessment and management, drought assessment and monitoring system.
The government set up an Inter-Ministerial committee and suggested a strategy to achieve the goal by 2022.
Russia extended its ban on food products from the European Union up to 31 December 2020
Russian president Vladimir Putin has signed for extending Moscow’s Embargo on food products from European Union (EU) upto 31 December 2020. This is due to Russia's retaliation against sanctions over Ukraine. The decree prohibits a number of imports from various countries for one year which includes agricultural products, raw materials and other food items.
Russia primarily targeted their restrictions on finance, energy and defence sectors of Russian economy. Russian economy is affected by pushing up the food products.
Rachna Khaira of The Tribune News Service won the 2019 Journalist of the Year
Rachna Khaira of The Tribune News Service won the Redlnk Award for Excellence in Indian Journalism Journalist of the Year 2019. She is currently working for The Huffington Post.
Awarded for:
The award is for her expose during 2018 on functioning of the Unique Identification Authority of India (UIDAI) and its Aadhaar data cache. The investigation that was conducted by Rachna Khaira confirmed that personal data of millions of citizens were at risk of being hacked/traded for a price.
The journalists ran a series of sting operations regarding the isssue and it helped to raise serious doubts over government claims that Aadhaar data stored on UIDAI servers was safe and secure.
Italy won the bid to host the 2026 Winter Olympics
The International Olympic Committee (IOC) announced that the 2026 Winter Olympics will be staged at the Italian venue of Milan/Cortina d'Ampezzo. The Winter Games will happen from 6 February to 22 February in 2026. Italy beat off a bid from Stockholm/Are in Sweden. Italy won the bid bythe approval of the IOC members by 47 votes to 34.
Italy has twice previously hosted the Winter Olympics twice. It first hosted Olympics in 1956 in Cortina d'Ampezzo and then in 2006 in Turin. It has been estimated that the Games will generate five billion euros ($5.69 billion) and create 20,000 jobs.
The 2022 Winter Olympics will be staged in Beijing.
Government of Jharkhand to get $147 Million Loan from World Bank
Government of Jharkhand and the World Bank, signed a $147 Million Loan Agreement
They provide basic urban services to the people of Jharkhand and planned to help improve the management capacity of the urban local bodies (ULBs) in the State.
The Jharkhand Municipal Development Project mainly focus on improving the municipal sector’s capacity.
It will invest in urban services such as water supply, sewerage, drainage, and urban roads; and strengthen the capacity of the Jharkhand Urban Infrastructure Development Company (JUIDCO).
Central Government planned to set up Krishi Vigyan Kendras to double farmers' income by 2022
Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar made central Government to decide to use digital technology across rural India to double farmers income by the year 2022.
The Government set up 713 Krishi Vigyan Kendras (KVK) and 684 Agricultural Technology Management Agencies (ATMA) at the district level in the country for dissemination of technologies among the farming community.
The Artificial Intelligence, Big Data Analytics, and Block Chair Technology, Internet of things(loT) are the technologies used here.
The space technology which helps to forecast agricultural output, agro-meteorology and land-based observations, horticulture assessment and management, drought assessment and monitoring system.
The government set up an Inter-Ministerial committee and suggested a strategy to achieve the goal by 2022.
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