1.The Asian Development Bank (ADB) and the Government of India signed a USD 80 million loan to help modernise technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the state of Himachal Pradesh.
2.Ministry of Communications has launched the Cool EMS Service which will come into force from 29.03.2018.Cool EMS service is one-way service from Japan to India which allows customers in India to import Japanese food items for personal use which is allowed under Indian regulations.Initially, Cool EMS Service will be available in Delhi only.
3.Ministry of Finance has approved Government guarantee of Rs. 5,000 crore in the current financial year for Indian Railway Finance Corporation (IRFC) bonds to be subscribed by Life Insurance Corporation, LIC.The guarantee fee for the aforesaid amount has also been waived by Ministry of Finance.The decision will ease the flow of borrowed funds for Ministry of Railways to undertake projects.
4.A new central sector scheme namely “Integrated Management of Public Distribution System (IM-PDS)” has been approved for implementation during 2018-19 and 2019-20.The key objectives of the scheme are to integrate PDS system/portals of States/UTs with Central System/portals, introduction of National Portability, and de-duplication of ration cards/beneficiary, etc.
5.An insect museum which is fully dedicated to insects and is claimed to be the first of its kind in the country was opened in Tamil Nadu.It would display insects preserved as specimens as also live ones depicting their different developmental stages, images, videos and models of their unique behaviour, habits and habitats.The theme of the museum is “BUGS ARE KINGS”.
6.The Export-Import Bank, Exim Bank has announced that it will provide a USD 500 million credit facility to Economic Community of West African States (ECOWAS) to fund various development projects in western-south Africa.
7.The United Arab Emirates (UAE) celebrated the completion of the first-ever Nuclear Power Plant not only in the country but the whole Arab Gulf Region.The $20 billion Barakah Plant west of Abu Dhabi has been constructed by a consortium led by Korea Electric Power Corp in nine years.It’s one of the four nuclear reactors being constructed with South Korea’s cooperation.
8.Ministry of Power partnered with the Ministry of Skill Development & Entrepreneurship to train the manpower in six states (Assam, Bihar, Madhya Pradesh, Jharkhand, Odisha and Uttar Pradesh) for speedy implementation of its SAUBHAGYA scheme.SAUBHAGYA (Pradhan Mantri Sahaj Bijli Har Ghar Yojna) aims to achieve universal household electrification in all parts of the country in a time-bound manner. Around 4 crore households are expected to get electricity connections under the scheme.
9.The Union Minister for Tribal Affairs, Jual Oram launched ‘e-Tribes: Tribes India’. It is an initiative for digital commerce at Tribes India Outlet in New Delhi. It included launch of e-commerce portal of TRIFED, www.tribesindia.com, and M-commerce, the android app ‘Tribes India’.
10.Government has setup National Academic Depository (NAD) which is a 24x7 online store house of academic awards digitally lodged by various academic institutions/school boards/eligibility assessment bodies.The University Grants Commission (UGC) has been designated as authorized body to operationalise NAD.
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