Wednesday 26 September 2018

ONE LINER OF THE DAY 26th SEPEMBER 2018.


1.The 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018) will be held from 2-5 Oct 2018 in New Delhi.RE-INVEST is a global platform to explore strategies for development and deployment of renewables.The 2nd RE-INVEST will include a 3-day conference on renewables, clean tech and future energy choices, an expo of renewables-related manufacturers.

2.The Ministry of New and Renewable Energy will host 2nd Ministerial Meeting of Indian Ocean Rim Association from 2-4 October 2018 in Delhi NCR.The event will be held in parallel with the 1st General Assembly of the International Solar Alliance (ISA) and the 2nd Global RE-INVEST Meet & Expo. IORA is a dynamic organisation of 21 Member States and 7 Dialogue Partners.

3.The Union Minister of Finance and Corporate Affairs, Arun Jaitley launched a web portal as a transformative initiative in MSME credit space.The web portal www.psbloansin59minutes.com will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from SIDBI and 5 PSBs.The majority stake of is with SIDBI & 5 PSBs- SBI, Bank of Baroda, PNB, Vijaya and Indian Bank.

4.Secretary, Ministry of Culture, Shri Arun Goel inaugurated the exhibition “India – Uzbekistan: Dialogue of Cultures” in New Delhi.The Exhibition is dedicated to the visit of Uzbekistan President, Shavkat Mirziyoyev to India in October.This exhibition showcases original artifacts which include coins from the royal mints of Kushans including coins depicting portraits of Kanishka etc.

5.The Indian Armed Forces will observe ‘Parakram Parv’ from September 28 – 30 to mark the second anniversary of the surgical strikes across the Line of Control.Stories of the recipients of the highest gallantry award, the Param Veer Chakra will also be highlighted during the Parv.

6.The RBI has shortlisted 5-IT firms for implementation of a Centralised Information and Management System for seamless data collection and validations.The 5 firms are- Capgemini Technology Services India, IBM India, Infosys, Larsen & Toubro Infotech and Tata Consultancy Services.The CIMS also include Centralised Analytics Platform to facilitate the creation of RBI Data Sciences Lab.

7.The Haryana govt approved financial assistance to women and girl acid attack victims scheme.Under this scheme, the survivors of the crime after 2 May 2011 will be eligible for the monthly pension.Either the victim herself or her legal guardian can apply to the district social welfare officer for relief.The financial assistance will be given on the basis of the percentage of disability.

8.Asian Development Bank will provide a $500 million loan to build climate resilient infrastructure in several cities of Tamil Nadu.Multi-tranche Financing Facility will develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities.ADB said this funding will be in three tranches between Sept 2019 and March 2022.

9.Asian Development Bank will provide a $500 million loan to build climate resilient infrastructure in several cities of Tamil Nadu.Multi-tranche Financing Facility will develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities.ADB said this funding will be in three tranches between Sept 2019 and March 2022.

10.The famous Indra Jatra festival is being celebrated in Kathmandu in September with gaiety and religious fervor in Nepal. The 8-day long annual festival is observed to worship Indra, the lord of rain and good harvest.It also marks the end of monsoon and beginning of harvest season and festivity.Nepal’s living Goddess Trishna Shakya made her first public appearance in the festival.

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