Thursday 27 September 2018

ONE LINER OF THE DAY 27th SEPEMBER 2018.


1.The Union Minister of Finance and Corporate Affairs, Arun Jaitley, launched the Financial Inclusion Index.The index will have three measurement dimensions: (1) Access to financial services (2) Usage of financial services and (3) Quality.The various components of the index will also help to measure financial services for use of internal policy making.

2.Mukesh Ambani has topped the ‘Barclays Hurun India Rich List 2018’ for the seventh consecutive year.Barclays Hurun India Rich List 2018 is a compilation of the individuals in India having a net worth of ₹1,000 crore or more.The list was compiled on the basis of the net worth of living Indians as on July 31, 2018.Mukesh Ambani is followed by S.P. Hinduja and L.N. Mittal.

3.World Tourism Day is celebrated on 27 September to raise awareness about the role of tourism in the international community.WTD 2018 theme: “Tourism and the Digital Transformation”.The host country for WTD 2018 is Hungary.

4.The Union Cabinet has approved  the MoU between India and Uzbekistan on 26th September, 2018.The MoU will help in mutual cooperation in regulation of narcotic drugs and psychotropic substances, and in combating drug trafficking.It is an effective framework to deal with all issues requiring mutual assistance and cooperation in the areas identified.

5.The Cabinet has approved Memorandum of Understanding (MoU) between NITI Aayog, and Ministry of Economic Development of the Russian Federation (MEDRF).The MoU is in the field of social, economic, industrial and regional development programs.It provides a framework and enabling environment to understand each other’s strengths, market, technologies, policies, etc.

6.Union Cabinet approved Central Assistance of Rs. 620.42 Crore and Rs. 205.758 Crore for implementation of relining of Rajasthan Feeder Canal and Sirhind Feeder Canal respectively.Implementation of these twin projects would help in addressing the problem of water-logging in South-West Punjab.Funding to the Rajasthan Feeder and Sirhind feeder shall be made through NABARD.

7.The Union Cabinet has approved the National Digital Communications Policy-2018 (NDCP-2018) and re-designation of the Telecom Commission as the “Digital Communications Commission”.The policy aims to facilitate India’s effective participation in the global digital economy.The policy also aims to ensure digital sovereignty and the objectives are to be achieved by 2022.

8.Finance Ministry has launched Mobile Application ‘Jan Dhan Darshak’ as a Part of Financial Inclusion.This App will provide guidance to the common people in locating a financial service touch point at a given location in the country.Department of Financial Services (DFS) and National Informatics Centre  (NIC) have jointly developed the app Jan Dhan Darshak.

9.Prime Minister Narendra Modi has been awarded the prestigious United Nations Champions of the Earth Award.Narendra Modi and French President Emmanuel Macron have been awarded in the Policy Leadership category, for their efforts regarding their International Solar Alliance.The Champions of the Earth prize is awarded to leaders whose actions have had a positive impact on the environment.

10.The Supreme Court on 26 September 2018 declared the government’s Aadhaar scheme as constitutionally valid.The Supreme Court, however, struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.The Supreme Court held that Aadhaar would remain mandatory for the filing of IT returns and allotment of Permanent Account Number (PAN).

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