ONE LINER OF THE DAY 26th MARCH 2020

1.Union Cabinet approved continuation of the process of recapitalization of RRBs by providing minimum regulatory capital up to 2020-21 for those RRBs which are unable to maintain minimum CRAR of 9%, as per the regulatory norms prescribed by the Reserve Bank.Rs.670 Cr will be used for the RRBs Recapitalization scheme.

2.The Union Cabinet chaired by the Prime Minister; Shri Narendra Modi was apprised of a MoU signed between Ministry of Railways of Government of India with DB Engineering & Consulting GMBH of Germany for technological cooperation in the Railway Sector.The MoU was signed in February 2020.

3.In the wake of preventive measures of the central government to contain the spread of Covid-19, the National Book Trust of HRD Ministry is providing its select and best-selling titles for FREE Download as part of its initiative of #StayHomeIndiaWithBooks.The 100+ books, in PDF format, can be downloaded.

4.NTPC has increased total installed capacity to 58,816 MW with the commissioning of 2nd unit of 660 MW at Khargone Super Thermal Power Project, Madhya Pradesh. NTPC now has 55 power stations, including 24 coal-based & 7 combined cycle gas/liquid fuel.Others: 2 hydro, 1 wind, 11 solar & 10 joint venture stations.

5.Cabinet chaired by PM Modi has given its approval for continuation of Rebate of State & Central Taxes & Levies (RoSCTL) from 1st April 2020 onward until such time that the scheme is merged with Remission of Duties and Taxes on Exported Products (RoDTEP).RoSCTL comes under the Ministry of Textiles.

6.State-run banks have stepped up with emergency funds to help companies continue operations & pay employee salaries, as corporates seek help to tide over the crisis caused by Covid-19. SBI’s credit line is up to ₹200 Cr & Indian Bank’s is up to ₹100 Cr.BoB sanctioned an ad hoc limit of ₹200 Cr, UBI- Up to 50 Cr.

7.The National Health Authority (NHA) has decided to cover Covid-19 treatment of the poorest of the poor in private hospitals under Ayushman Bharat- the central government’s health insurance scheme for the deprived, launched on September 2018.NHA expects to cover cost under viral infection packages.

8.Indian Railways focuses on world-class stations. The Indian Railway Stations Development Corporation Limited is developing a first-of-its-kind ‘Form Based Codes’ for the development of railway land with support from Shakti Sustainable Energy Foundation.PDA is also a nodal agency for the station development.

9.International Advanced Centre for Powder Metallurgy & New Materials, a R&D Centre of Department of Science & Technology, has developed ultrafast laser surface texturing technology, which can improve the fuel efficiency of internal combustion engines.Created textures were tested in an engine test rig.

10.Scientists from Agharkar Research Institute (ARI), Pune, Maharashtra an autonomous institute under the Department of Science & Technology, Government of India, have developed a biofortified durum wheat variety MACS 4028, which shows high protein content.

11.Uttar Pradesh government has decided to launch massive campaign for identification of those person who have recently returned from abroad and calling over 10,000 village heads to ensure that such persons remain in quarantine. CM helpline service is 1076.

12.Election Commission has decided to allow usage of indelible ink on persons for stamping for home quarantine by health authorities in view of COVID-19. Health Ministry may standardise the mark and the location on the body where the mark has to be applied.Chief Election Commissioner of India- Sunil Arora.

13.If the 21-day long national lockdown leads to 80% production loss, the economy will take a hit of ₹35,000-40,000 Cr daily, shaving off ₹6.3-7.2 lakh Cr cumulatively, says Care Ratings. The assessment is based on the FY20 real GDP of ₹140-150 lakh Cr.

14.Former India midfielder Abdul Latif, who was also a key member of bronze medal winning team at the 1970 Bangkok Asian Games died in Guwahati. / Albert Uderzo, co-creator and illustrator of the ‘Asterix’ comic book series, has died at the age of 92.

15.International Telecommunications Union is launching a ‘Global Network Resiliency Platform’ to help protect telecoms networks during the COVID-19 crisis. The platform will assist the government & private sector to ensure that networks are kept flexible.ITU Secretary General, Hulin Zhao.

16.Jana Small Finance Bank along with NPCI launched a UPI QR-based loan instalment payment facility for its customers. The move comes at a time when banks are advising their customers to operate maximum banking services from the safe confines of their home.Payment mode is available for P2P & P2M payments.

17.The U.S. Centers for Disease Control and Prevention has introduced an AI bot called ‘Clara’ to help people assess potential symptoms of COVID-19The CDC has partnered up with CDC Foundation and Microsoft Azure’s Healthcare Bot service to create Clara.Bot is currently only available in the US on the CDC website.

18.Hours after the state announced total lockdown due to the COVID-19 outbreak, Chief Minister Naveen Patnaik launched Mo Jeeban programme & urged people to take a pledge to stay indoors. The objective of the programme is to keep everyone safe in the state.Odisha Governor- Ganeshi Lal, Capital- Bhubaneshwar.

19.Iqbal Singh Bains was appointed as Madhya Pradesh (MP) Chief Secretary by the newly sworn Chief Minister Shivraj Singh Chouhan of the state. He was the successor of CS M Gopal Reddy. This was the 1st appointment made by the new CM Shivraj Singh Chouhan.Madhya Pradesh Governor- Lalji Tandon.

20.Indian football captain Sunil Chhetri was picked among 28 past and present stars for world governing body FIFA's campaign to combat the COVID-19 pandemic. FIFA and WHO have teamed up to combat the coronavirus by launching a new COVID-19 awareness campaign.Campaign: ‘Pass the message to kick out coronavirus’.

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Ravi Kumar Singh