Payment Processing...

Daily Current Affairs 18th Sep 2020 - Sep 18 2020

To prepare for any competitive exam, one of the important sections to read and learn is current affairs. Exams like UPSC, Bank, SSC, RRB or any Government

J&K Horticulture Department Launches "Backyard Horticulture" Programme in Jammu district 

  • The Horticulture Department of Jammu & Kashmir (J&K) launched "Backyard Horticulture" program under CAPEX(Capital Expenditure) scheme at Panchayat Jaswan in Marh Block of Jammu district. 
  • The main aim of the program is to promote organic fruit production for home consumption and for fulfilling individual requirements. 
  • Three fruit plants costing Rs 200 will be distributed among the farmers at 90% subsidy 
  • The Program will be covering 600 areas in Zone Marh, Jammu district.

eSanjeevani and eSanjeevani OPD implemented by 23 states => Ministry of Health Department 

  • The Central Government has shown its efforts in giving a digital push in the health sector by initiating two types of telemedicine services viz.
  • Doctor-to-Doctor (eSanjeevani) and Patient-to-Doctor (eSanjeevani OPD) Tele-consultations in 2019. 
  • Since then the tele-consultation by 'eSanjeevani' has been implemented by 23 states 
  • The Doctor-to-Doctor (eSanjeevani) is being implemented under the Ayushman Bharat Health and Wellness Center (AB-HWCs) program. 

Virat Kohli became the Brand Ambassador of Great Learning 

  • Great Learning, an ed-tech company for professional and higher education, has appointed Virat Kohli, Indian cricket team captain as its brand ambassador. Virat Kohli will lead 'Power Ahead' campaign the latest one of the brand. 
  • Great Learning will launch a multi-film campaign with Virat Kohli during the upcoming Dream 11 IPL where the brand is an associate sponsor on Disney + Hotstar. 
  • About Great Learning 
  • Founder and CEO - Mohan Lakhamraju 

Sachin Tendulkar became the Brand Ambassador of Paytm First Games 

  • Paytm First Games (PFG) a subsidiary of digital financial service platform Paytm has roped in the legendary cricketer Sachin Tendulkar of India as its brand ambassador 
  • Sachin Tendulkar will create awareness about the genre of Fantasy sports(sporting events played virtually) in India and will also promote and generate excitement around all sports including kabaddi, football, and basketball. 
  • Paytm is the official umpire partner for IPL till 2022 and has been the title sponsor for Indian cricket. 

Sachin Tendulkar became the Brand Ambassador of Paytm First Games 

  • About Paytm First Games 
  • It is a joint venture between One97 Communications Ltd and AG Tech Holdings. 
  • It offers over 50 games where the most popular is fantasy sports. It currently engages with more than 80 million users where the majority of them are from smaller cities and towns. 

4th Global Ayurveda Summit Inaugurated virtually by M Venkaiah Naidu 

  • 4th edition of Global Ayurveda Summit was virtually inaugurated by Vice-President Venkaiah Naidu on the theme "Emerging Opportunities for Ayurveda during Pandemic". 
  • The summit will include 8-day International Conference, 30-day International Exhibition and Focused Business to Business Meetings and Participation from more than 25 countries. 
  • The objective of the summit is to showcase the Ayurveda immunity model to the global level as a solution named 'Health as One' and 'Immunity through Ayurveda'. 
  • It is being organized by the CII (Confederation of Indian Industry) -Kerala in partnership with Ministry Ayush (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy), and with the support of Ayurveda Medical Association of India, Ayurvedic Medicine Manufacturers Organization in India (AMMOI) and Ayurveda Hospital Management Association (AHMA). 
  • It is also supported by the National Ayurvedic Medical Association (NAMA) in the US, Association of Swiss Ayurveda Doctors and Therapists in Switzerland, Association for Ayurvedic Medicine in the Netherlands. 

BHEL and Swiss Rapide AG to bring Maglev trains to India 

  • Bharat Heavy Electricals Limited (BHEL) has signed a Memorandum of Understanding (MoU) with Swiss Rapide AG to Maglev Train (Magnetic Levitation) Projects in India. 
  • The agreement has been signed in the backdrop of government of India's initiatives of 'Make in India' and 'Aatmanirbhar Bharat'. 
  • The MoU will enable the indigenous manufacturing of the state-of-the-art maglev trains. 

TPCI sets up Food Sectoral Committees to tap into new markets and investment 

  • The Trade Promotion Council of India (TPCI) constituted three committees to tap into new markets and identify new opportunities for trade and investment. 
  • The Three Committees will focus on Food & Beverages, Food Processing Technology and Chemical and Allied Products. 
  • These committees will act as think tanks, and submit their suggestions, recommendations to the government for policies to boost exports. 
  • They will meet regularly and represent their demands and concerns of the industry at various forums. 
  • Food & Beverages 
  • Laxman Singh Rathor, President of International Business of Ramdev Food Products Pvt Ltd was elected as Chairman of Committee on Food and Beverages (F&B) and Vivek Agarwal, Managing Director of Capital Venture Pvt Ltd was elected as Vice Chairman of the Committee. 
  • The committee will promote the Indian F&B products globally and help the Indian products to reach retail shelves across the world. 

TPCI sets up Food Sectoral Committees to tap into New Markets and Investment 

  • Food Processing Technology 
  • R Senguttuvan, CEO of Indian Tobacco Company(ITC) Limited (Printing & Packaging Division) was elected as Chairman of Committee and Sanjay Grover Vice President of International Business of Kirloskar Pneumatic Company Limited was elected as Vice Chairman of the Committee. 
  • This committee will give new thrust to India's food processing and packaging machineries area to improve efficiency productivity to encourage Indian Entrepreneurs to become "Local Global Champions". 
  • Chemical and Allied Products 
  • The Committee on Chemical and Allied Products will be chaired by Manish Shah, Managing Director of Tanya Exports and Kapil Malhotra, Vice President of Marketing of Gujarat Fluorochemicals Ltd will be the Vice-Chairman 
  • The objective of the committee will be to explore and develop a new market strategy and plan for restructuring the chemical sector in India. 

TPCI sets up Food Sectoral Committees to tap into New Markets and Investment 

  • About Trade Promotion Council of India (TPCI) 
  • Chairman - Mohit Singla 
  • HQ - New Delhi 

Yoshihide Suga formally elected as Japan's New Prime Minister 

  • Yoshihide Suga was formally elected as Japan's New Prime Minister. He will succeed Shinzo Abe, who was Japan's longest serving Prime Minister and stepped down due to health problems. 
  • His tenure as Prime Minister will end in September 2021. 
  • About Japan 
  • Capital Tokyo 
  • Currency - Yen 

SBI General Insurance and YES Bank Signed Corporate Agency Agreement 

  • SBI General Insurance Company Ltd and YES Bank signed a corporate agency agreement to distribute the products of SBI General Insurance to the customers of YES bank 
  • About SBI General Insurance Co Ltd 
  • HQ - Mumbai 
  • MD & CEO - Prakash Chandra Kandpal 
  • About YES Bank 
  • HQ- Mumbai 
  • MD & CEO - Prashant Kumar 
  • Tagline - Experience our Expertise

Aditya Puri MD of HDFC Bank Honored with Euromoney's Lifetime Achievement Award 2020 

  • Euromoney the global finance and banking magazine's awards for excellence 2020 honored Aditya Puri, MD of HDFC Bank with a Lifetime Achievement Award 2020. This is a first of its kind recognition for a corporate leader from India. 
  • About Euromoney Awards of Excellence 
  • This first of its kind awards were established in 1992 to recognize banks and bankers. 
  • The regional and country awards of excellence 2020 were published on 15th July 2020 and the Global Awards were announced on 10th September 2020. 

PMGKP for Health Workers Fighting COVID-19 extended as 6 Months Insurance Scheme 

  • The Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for Health Workers who are fighting against COVID-19 has been extended as 6 months scheme (180 days). The central sector scheme was announced on March 30, 2020 for a period of 90 days, it was extended for further 90 days up to Sept, 2020 
  • The Rs 50 lakh insurance scheme is a part of the Rs 1.70 lakh Pradhan Mantri Garib Kalyan Package announced in March 2020. 
  • Under the scheme till now, 61 claims are processed and paid, 156 claims are under examination by New India Assurance (NIA) Company Limited, and 67 cases claims forms are yet to be submitted by the States. 

PMGKP for Health Workers Fighting COVID-19 extended as 6 Months Insurance Scheme 

  • Age limit & individual enrolment - No age limit is required for this scheme and individual enrolment is not required. 
  • MOHEW will bear the entire amount of premium 
  • The Ministry of Health and Family Welfare (MoHFW) bears the entire amount at premium for this scheme. 
  • MOHEW Collaborated with NIA to Provide Insurance amount 
  • In order to provide insurance amount based on the guidelines prepared for the scheme, MOHFW has collaborated with the New India Assurance (NIA) Company Limited. 
  • The insurance that is provided under the scheme is more than any other insurance plan received by the beneficiary 
  • The benefit, claim under the policy is in addition to the amount payable under any other policies. 
  • About Ministry of Health and Family Welfare (MoHFW) 
  • Union Minister - Harsh Vardhan (Constituency- Chandni Chowk, New Delhi) Minister of State - Ashwini Kumar Choubey 

, Titan and SBI launched Titan Pay, India's first Contactless Payment Watches 

  • Titan Company Limited (Titan) one of the world's 5th largest watch manufacturers associated with TATA group in collaboration with State Bank of India introduced Titan Pay powered by YONO SBI. 
  • Through this partnership, Titan and SBI are launching a range of stylish new watches with contactless payment functionality for the 1st time in India. 
  • CK Venkataraman, MD of Titan and Rajnish Kumar, the Chairman of SBI unveiled the product. 
  • To make payment, SBI account holders can tap their Titan Pay watch on contactless MasterCard enabled point-of-sale (POS) machines with need of their SBI bank card. 
  • Without entering a PIN, payments can be made up to Rs 2000.

Titan and SBI launched Titan Pay, India's first Contactless Payment Watches 

  • About SBI 
  • HQ - Mumbai 
  • Chairman - Rajnish Kumar 
  • Tagline - The banker to every Indian; With you all the way: Purely banking nothing else; The nation banks on us. 
  • About Titan Company Limited (Titan) 
  • MD-CK Venkataraman HQ - Bengaluru

Gujarat and SIDBI Sign MoU to support MSMEs 

  • Government of Gujarat signed a Memorandum of Understanding (MoU) with the Small Industries Development Bank of India (SIDBI) to provide capacity building and market support around 35 lakh Micro Small Medium Enterprises (MSMEs) of Gujarat and to increase their self reliance. 
  • Gujarat govt has announced a Rs.768 crore package to support the MSMES affected due to COVID-19 pandemic. 

Gujarat + SIDBI> Sign MoU to support MSMES 

  • About Gujarat 
  • Capital - Gandhinagar 
  • CM - Vijay Rupani 
  • Governor - Acharya Devvrat 
  • About SIDBI 
  • MD - Mohammad Mustafa 
  • HQ - Lucknow 

International Day for the Preservation of the Ozone Layer 2020 → September 16 

  • UN's International Day for the Preservation of the Ozone Layer is annually observed across the globe on 16th September to create and spread awareness on the importance of Ozone layer and the effective ways to protect it. The first International Day for the Preservation of the Ozone Layer was observed on 16th September 1995. 
  • The theme for the 2020 is "Ozone for life: 35 years of ozone layer protection".