Current Affairs

  Jal Shakti Minister has launched an initiative ‘Ganga Amantran’. The initiative has been launched to connect with the stakeholders of the river. It is a pioneering exploratory open-water rafting and kayaking expedition on the Ganga river. The expedition will start at Devaprayag and culminate at Ganga Sagar covering the entire stretch of over 2500 kms of the River. Ganga Aamantran is the 1st ever effort by National Mission for Clean Ganga to raft across the entire stretch of the river. It is also the longest ever social campaign undertaken through an adventure sporting activity to spread the message of River Rejuvenation and Water Conservation on a massive scale.
Source: The News On AIR

  The Reserve Bank of India has given the go-ahead to the Kerala government to amalgamate 13 district cooperative banks (DCBs) with the Kerala State Cooperative Bank to form the proposed “Kerala Bank”. Except the Malappuram District Cooperative Bank, all district banks had approved the scheme of amalgamation proposed by the State government at their respective general body meetings. Now, the government have to complete the stipulations laid for merger and submit a compliance report to the apex bank before March 31, 2020. RBI also insisted that the State government would have to consistently infuse additional capital and also put in place a well-defined governance structure by amending the KSCS Act.
Source: The Hindu

  The Central Government has constituted a committee of officers to suggest measures to augment GST revenue collections and administration. The terms of reference of the panel includes making suggestions related to systemic changes in goods and services tax (GST) including checks and balances to prevent misuse and measures to improve voluntary compliance. The panel has also been given the task to give inputs on measures for the expansion of the tax base. The committee have to submit its 1st report within 15 days to the GST Council Secretariat.
Source: The Hindu

  Infosys has been selected as the main supplier to deliver Volvo Cars’ digital transformation services for its enterprise digital commercial operations applications and products. Infosys will offer next generation application services leveraging its global delivery model (GDM), agile delivery, automation and other service optimisation levers to deliver effective service operations. Based on the Scale Agile Framework (SAFe), Infosys will enable transformation of application management and application development deliveries to a 100% agile operating model.
Source: The Hindu

  Reliance Mutual Fund has been renamed as “Nippon India Mutual Fund“. The organization was renamed following the purchase of 75% stake in Reliance Nippon Life Asset Management by Nippon Life Insurance. Nippon India Mutual Fund has become the largest foreign-owned Asset Management Company in India. Sundeep Sikka will continue to lead company as the CEO.
Source: The Hindu

  The 1st Government-sponsored and operated Day-Care cum Recreation Centre for senior citizens has been inaugurated in Leh. The day care Centre, co-sponsored by Government and the District Legal Service Authority will provide a raft of medical facilities including geriatric care, health consultations and check-ups, physiotherapy to the senior citizens. It would also provide legal service, the senior citizens would require on various legal issues. The premise would be a one stop-shop for entertainment, medical services and legal aid for the aged people of the Ladakh region.
Source: The DD News

  Simone Biles has clinched a record-extending 15th World Gymnastics Championship title in Stuttgart, Germany. With the victory, she has become the event’s most decorated woman. Simone Biles won a record 21st medal at the world gymnastics championships as the United States retained their women’s team all-around title. Biles played a key role in a commanding performance by the USA, earning the most points in three of the four disciplines: the vault, balance beam and floor.
Source: The DD News

  The All India Institute of Medical Sciences in collaboration with the Union Health Ministry launched the 1st-ever website and mobile application on oral health awareness “eDantSeva“. The digital platform contains information about the National Oral Health Programme and a detailed list of all the dental facility and colleges, Information, Education and Communication (IEC) material. It also constitutes a unique feature called the ‘Symptom Checker’. The website also provides GPRS route and satellite images of the facility for easier access to the people. A Braille booklet and voice-over on oral health education for visually impaired was also released on the occasion.
Source: The Economic Times

  The Central Board of Direct Taxes has launched “Faceless e-Assessment scheme” that eliminates physical interface between an assessing officer and an assessee. They also inaugurated the National e-Assessment Centre (NeAC). The “Faceless e-assessment scheme” is expected to bring in a “paradigm shift” in taxation by eliminating human interface in the income tax assessment system. A total of 2,686 officials of the I-T department have been deputed for implementation of the scheme. With NeAC, there would be no physical interface between the tax payers and the tax officers. Also, the above will bring transparency and efficiency and will improve the quality of assessment and monitoring. There would be a NeAC in Delhi to be headed by Principal Chief Commissioner of Income Tax. There are 8 Regional e-Assessment Centres (ReAC) set up at Delhi, Mumbai, Chennai, Kolkata Ahmedabad, Pune, Bengaluru and Hyderabad which would comprise Assessment unit, Review unit, Technical unit and Verification units.
Source: The Press Information Bureau

  Antonio Costa has been re-elected as the Prime Minister of Portugal after winning the general elections. Antonio Costa, the Socialist leader and incumbent prime minister, got the most votes in Portugal’s general election, leaving it poised to continue leading the government for another four years.
Source: The Hindu


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