The Department of Higher Education of HRD Ministry has finalized and released a five year vision plan named Education Quality Upgradation and Inclusion Programme. |
The Expert Groups have set the following goals for higher education sector:
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Source: The Press Information Bureau |
Exporters body Federation of Indian Export Organisations (FIEO) has elected Sharad Kumar Saraf as its new president. Sharad Kumar Saraf will replace renowned exporter Ganesh Kumar Gupta. |
Source: The Business Standard |
The GoI has reduced interest rates for small savings schemes by 10 basis points for the July-September quarter of the 2019-20 financial year. Some schemes that will fetch lower interest rates are Kisan Vikas Patra (7.6%), Public Provident Fund (7.9%), Sukanya Samriddhi Account (8.4%). |
Source: The Live Mint |
Haryana Chief Minister Manohar Lal Khattar announced an annual financial assistance of Rs 5 lakh to “loktantra senanis” or their spouse. Under this, they will be provided treatment at private or government hospitals. The term “emergency victim” on their identity cards would be replaced with “loktantra senani”. “Loktantra senanis” are those people who were imprisoned during the 1975-77Emergency under preventive detention laws. |
Source: The Business Standard |
IIT Kanpur honours India’s chief national badminton coach Pullela Gopichand with honorary doctorate on the occasion of their 52nd convocation. Former President APJ Abdul Kalam and former Prime Minister Manmohan Singh are past recipients of the honour. |
Source: The Hindu |
The Reserve Bank relaxed the leverage ratio (LR) to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. This has been done to help them boost their lending activities. The reduced leverage ratio will be effective from the quarter commencing October 1, 2019. The leverage ratio, as defined under Basel-III norms, is Tier-I capital as a percentage of the bank’s exposures. |
Source: The Business Standard |
The GoI, the Government of Kerala and the World Bank have signed the Loan Agreement of USD 250 million for the First Resilient Kerala Program. The program will focus on strengthening the state’s institutional and financial capacity to protect the assets and livelihoods of poor and vulnerable groups. The New Program is part of ‘Rebuild Kerala Development Programme’ aimed at building a green and resilient Kerala. |
Source: The Press Information Bureau |
India has signed a loan agreement worth 400 million dollar with the World Bank to help treat and eliminate Tuberculosis from the country. The World Bank supported program will cover nine States and it will support the government’s National Strategic Plan to end TB in India by 2025. Under the program, GoI provide Direct Benefit Transfers to patients for acquiring the critical nutrition needed during treatment. |
Source: The News On Air |
The GoI celebrates the Statistics Day to popularize the use of Statistics in everyday life and sensitize the public as to how Statistics helps in shaping and framing policies. The day is celebrated on the birth anniversary of Prof. P C Mahalanobis, on 29th June. Ministry of Statistics and Program Implementation (MoSPI) announced that it will institute the Prof. P.C. Mahalanobis National Award in Official Statistics to recognise and honour the work of Official Statisticians working in the Central Government, State Governments and their Institutions. |
Source: The Press Information Bureau |
The United Nations observe 29 June as International Day of the Tropics. The International Day of the Tropics celebrates the extraordinary diversity of the tropics while highlighting unique challenges and opportunities the Tropical nations face. |
Source: The United Nations |
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