Current Affairs Current Affairs February 2019

 Pradhan Mantri Jan Arogya Yojana (PM-JAY) App has been launched on Google play store. Ayushman Bharat Yojana or Pradhan Mantri Jan Arogya Yojana (PM-JAY) is a centrally sponsored scheme; which was launched in the year 2018, under the Ayushman Bharat Mission of MoHFW in the country. This scheme aims at making interventions in primary, secondary and tertiary care systems, covering both preventive and promotive health, to address healthcare holistically. Moving ahead to digitalisation this app is now available on Google Play store.
Source- Press Information Bureau (PIB)

  The former executive director of Canara Bank, P V Bharathi assumed charge as Chief Executive Officer (CEO) of the Corporation Bank. P V Bharati became the first woman CEO of the bank. Bharathi has been executive director of Canara Bank since September 2016 and served as the firm’s general manager in the risk management wing. She has more than 37 years of experience in the banking industry. Despite the post of executive director of Canara Bank, she also held the post of non-executive director of Can Fin Homes Limited and also a director board member of Canbank Venture Capital Limited.
Source: The Economic Times

  The Asian Development Bank (ADB) has bought a 14% stake in micro-financier Annapurna Finance for Rs 137 crore, reinforcing the belief that India’s microfinance sector is on course to attract long-term funds from global lenders and investors. The expansion of equity will help the firm expand its loan portfolio in asset classes such as MSME and affordable housing, beyond its bread and butter microfinance. ADB has backed MFIs to help achieve its broader objective of reducing poverty in Asia and the Pacific. The investment by ADB will expand Annapurna’s net worth to Rs 580 crore.
Source: The Economic Times

  Two regional rural banks (RRBs) – Pallavan Grama Bank and Pandyan Grama Bank – will be merged to form the Tamil Nadu Grama Bank as per the Finance Ministry notification. The integration will be effective from April 1. The new Tamil Nadu Grama Bank will be under the sponsorship of Indian Bank with head office in Salem. Originally the Pallavan Grama Bank was sponsored by Indian Bank and the Pandyan Grama Bank by Indian Overseas Bank.
Source- Business Standard

  Haryana Hammers won the fourth edition of the Pro Wrestling League (PWL) as they outclassed Punjab Royals 6-3 in the summit clash at the Gautam Buddha University indoor stadium, Greater Noida.  Riding on Aleksander Khotsianivski, Ali Shabanov, Kiran, Ravi Kumar and Anastasia Nichita’s dominating performance, the runners-up in the last three editions, Haryana Hammers, turned the tables on the defending champions Punjab Royals winning all the first five bouts of the evening to clinch the title.
Source- News18

 The Kala Ghoda festival, India’s largest multi-cultural street festival begins in Mumbai to celebrate its 20 years of art and culture through cinema, theatre, dance, literature, and sculpture. Maneck Davar is Chairman of Kala Ghoda Association. The festival hosted the exhibition at the Jehangir Art Gallery to celebrate the 150th birth anniversary of Mahatma Gandhi and some rich history of Mumbai. To underscore KGAF’s two-decade run, the theme for this year is A Measure of Time.
Source: The Asian Age

  The 6-day long music and dance festival ‘Sopan 2019’, to encourage young artists to take up traditional art took place in New Delhi.  It was Organised by Sahitya Kala Parishad and the New Delhi government, in partnership with New Delhi Municipal Council (NDMC). It is an attempts to take forward the traditional Indian art forms. This festival is an opportunity for upcoming talents from vocals and instruments to dance forms to set an audience base for themselves.
Source: Business Standard

 Shehri Samridhi Utsav, an initiative of Ministry of Housing & Urban Affairs (MoHUA), aims to extend the outreach of Deendayal Antyodaya Mission – National Urban Livelihoods Mission (DAY-NULM), to the most vulnerable, showcase its initiatives and facilitate access of Self-Help Group (SHG) members to the other government schemes. Day one of Shehri Samriddhi Utsav began with a series of rallies led by women’s’ SHGs, across the length and breadth of the country. These rallies spread awareness about DAY-NULM in urban poor communities. A major highlight of Shehri Samridhi Utsav is theNational Exhibition cum sale of SHG products and National Street Food Festival being organized in New Delhi.
Source- The Hindu

  The Indian Space Research Organisation (ISRO) unveiled its Human Space Flight Centre (HSFC) at ISRO Headquarter campus in Bengaluru, Karnataka for its maiden manned space mission ‘Gaganyaan’. The space flight centre was inaugurated by K Kasturirangan, former ISRO Chairman. ISRO is gearing up for its maiden manned mission Gaganyaan, which is planned for 2021-end. The plan is to have the first unmanned mission in December 2020 and the second one in July 2021. Once the two unmanned missions are completed, the manned mission will happen in December 2021.
Source- The Economic Times

  Assam occupied the top slot in the ranking of best practices followed by states in the Budget formulation, followed by Andhra Pradesh and Odisha, as per a survey by Transparency International. The survey is based on 4 parameters which include public disclosure, budgetary process, post-budget fiscal management and efforts to make the budget more transparent and citizen-friendly. The states which figured lower in the ranking were Meghalaya, Manipur and Punjab.
Source- The Moneycontrol


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