Friday 31 July 2020

ONE LINER OF THE DAY 1st AUGUST 2020


1.Platform aims to guide MSMEs across their credit lifecycle, from availing credit to start & grow their businesses,managing credit lines to sustain & build structural strength of the business, & also ensuring timely closures & renewals of credit facilities.Mohammad Mustafa, IAS & CMD of SIDBI.

2.All labour laws have been subsumed into four Codes: The Code on Wages, 2019; The Occupational Health, Safety and Working Conditions Code, 2019; The Industrial Relations Code, 2019; and The Code on Social Security, 2019.The committee, headed by BJD MP Bhartruhari Mahtab.

3.Telangana gov. rolled out mobile covid-19 testing centers in containment zones and low-income group residential areas across the state. Buses are built with 'Intelligent Monitoring Analysis Services Quarantine’(iMASQ) technology by Vera Smart Healthcare.Telangana Chief Minister K Chandrasekhar Rao.

4.The HLEG was set up to recommend measurable performance incentives for states to encourage agricultural exports and to promote crops to enable high import substitution. The recommendations include a demand-driven approach and focus on 22 crop value chains.

5.This includes MoUs to be signed with States and Union Territories to provide ease of living to urban migrants in the country. The Affordable Housing Complex scheme will be implemented through two models in the country.Pradhan Mantri Awas Yojana (Urban) Mission launched in 2015.

6.The project company has now signed a loan agreement for full financing totaling $642 million with a group of banks that includes the Japan Bank for International Cooperation (JBIC). The project company agreed an EPC contract with Samsung C&T in July 2020.

7.Scientists from the University of Minnesota, US have simulated how the novel coronavirus spreads indoors via aerosols as infected people speak or exhale, and have found the features of good ventilation that can filter virus particles out of the air.

8.The other members of the committee include former table tennis player Monalisa Baruah Mehta, boxer Venkatesan Devarajan as well as sports commentator Manish Batavia and journalists Alok Sinha and Neeru Bhatia. National sports awards given on Aug, 29.Target Olympic Podium Scheme (TOPS) CEO Rajesh Rajagopalan.

9.With this a large section of its customers would be able to access credit more rapidly from their homes, with no physical interaction. Digital Stack integrations with banks & NBFCs will provide unsecured loans within 3-5 hrs as against 3-7 days.Paisabazaar founders: Naveen Kukreja, Yashish Dahiya.

10.Contracting for the 4th consecutive month, the output of eight core infrastructure industries shrank by 15% in June due to fall in the production of coal, crude oil, natural gas, steel, cement & electricity. 8-core sectors had expanded by 1.2% in June,19.


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