Daily Current Affairs - 09th Aug 2020

Airtel Payments Bank, Bharti AXA partner to offer ‘shop insurance’ for retailers

  • Airtel Payments Bank has partnered with Bharti AXA General Insurance to offer “Smart Plan Shop Package Policy” for the financial protection of the bank’s retailers and merchants.
  • The policy will provide financial protection in case of damage to assets inside the shop due to fire and allied perils and burglary, among others, as covered in the product.

Divisional Commanders-level talks between India, China in progress

  • The Divisional Commanders-level talks between India and China are in progress at Daulat Beg Oldie of Indian side. This is in continuation to the Military-level talks between India and China to ease the tensions at various friction points along the Line of Actual Control in the Eastern Ladakh region.
  • In this background, Army Chief General Manoj Narawane gave a call to the forces to be prepared for any eventuality in the borders. On the other hand, Vice Chief of Air Staff, Air Marshal Harjit Singh Arora had visited the world's highest ALG Daulat Beg Oldie to review operational preparedness in eastern ladakh.

Flipkart signs MoU with UP government's one District, One Product scheme

  • E-commerce marketplace Flipkart has signed a memorandum of understanding (MoU) with the One District, One Product (ODOP) scheme of the Uttar Pradesh government to bring artisans, weavers and craftsmen into mainstream business. Flipkart said that the partnership will enable these under-served communities to showcase their specialised products and crafts to millions of customers across the country.
  • The initiative called `Flipkart Samarth` will enable them to break entry barriers by extending time-bound incubation support which includes benefits in the form of on-boarding, free cataloguing, marketing, account management, business insights and warehousing support.

G C Murmu takes oath as Comptroller and Auditor General of India

  • President Ram Nath Kovind administered the oath of office to GC Murmu as Comptroller and Auditor General of India at Rashtrapati Bhavan.
  • Mr Murmu had stepped down as the Lieutenant Governor of Jammu and Kashmir earlier this week. Vice President Venkaiah Naidu and Prime Minister Narendra Modi were also present on the occasion.

GoI scraps Powerloom Board after Handloom Board

  • The Ministry of Textiles has disbanded All India Powerloom Board after All India Handicrafts and Handloom boards. Also, all of the eight Textiles Research Associations in the country will now cease to be “affiliated bodies” of the ministry.
  • The Textile Research Associations will now act as approved bodies to conduct tests, researches and development activities of textiles sector. The decision has been made to stick to the principle of “Minimum Government Maximum Governance”.
  • The board was first constituted in November 1981. Powerloom is a mechanised loom that was developed during early Industrial Revolution.

Hardayal Prasad appointed as new MD & CEO, PNB Housing Finance

  • PNB Housing Finance Limited has appointed Hardayal Prasad as its new Managing Director and Chief Executive Officer.
  • Hardayal Prasad holds dense experience in banking, international operations and credit card industry. He will be assuming the position on August 10, 2020 and replace Neeraj Vyas.
  • Prasad was a part of State Bank of India for more than 30 years and handled several assignments for the bank across geographies.

India to host ICC Men’s T-20 World Cup next year; Women's T-20 postponed till 2022

  • International Cricket Council has confirmed that the ICC Men’s T20 World Cup 2020 that was postponed due to Covid-19 will be held in Australia in 2022. India will host the ICC Men’s T20 World Cup 2021 as planned. Cricket’s governing body has also decided to postpone the ICC Women’s Cricket World Cup 2021 in New Zealand till February – March 2022 because of the impact the Covid-19 pandemic has had on cricket globally.
  • The format of the ICC Men’s T20 World Cup 2021 will remain as it was for 2020 and all teams that qualified for that event will now participate in India in 2021. A new qualification process will be run for the ICC Men’s T20 World Cup 2022. The format of the postponed ICC Women’s Cricket World Cup will remain as it was for 2021. Five teams have already qualified for the event and that will stand for 2022.

Indian Railways to transport dyes to Bangladesh from Gujarat after Chillies from AP

  • The Indian Railways is to operate first parcel special train to Bangladesh under Ahmedabad division. The train is to traverse 2,110 km to reach Benapole in Bangladesh. The Western Railways sent goods train earlier with loaded wagons of onion to Bangladesh.
  • The Western Railway Zone has achieved record by sending a parcel train from Gujarat to Bangladesh. The train is to carry denim cloth, dyes and colours. This is to generate a revenue of Rs 31 lakhs.

Maharashtra government ties up with Google to start virtual classes for over 22 million students

  • Maharashtra government has tied up with Google to provide online education to students in the state. Maharashtra is the first state in the country that is launching such a project.
  • The project was launched by the chief minister Uddhav Thackeray and will cover over 1.09 lakh government, private, aided, and unaided schools, and benefit over 22.03 million students. Students and teachers will get access to Google Classroom and G Suite for Education that will provide solutions to support remote learning.

P S Ranipse becomes new IG of CRPF

  • Odisha cadre IPS officer, P S Ranipse has been appointed as Inspector General (IG), in Central Reserve Police Force (CRPF). He will hold the post on Central deputation for a period of five years from the date of joining.
  • P S Ranipse belongs to the 1995 batch and was serving as Additional Director General (Vigilance) in Odisha. He held the position of Inspector General of Police (Odisha) in 2013.

PM Modi launched financing facility of Rs 1 lakh cr under Agriculture Infrastructure Fund

  • Prime Minister Narendra Modi launched the financing facility of 1 lakh crore rupees under the Agriculture Infrastructure Fund.
  • He also released the sixth installment of funds of 17 thousand crore rupees to 8.5 crore farmers under the PM-KISAN scheme.
  • The Union Cabinet had approved the Central Sector Scheme of financing facility under Agriculture Infrastructure Fund of 1 Lakh Crore rupees. The Fund will catalyze the creation of post-harvest management infrastructure and community farming assets such as cold storage, collection centres and processing units. These assets will enable farmers to get greater value for their produce, as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition.

Telangana Congress vice-president and 8-time MP Nandi Yellaiah dies

  • Former Congress leader and eight-time parliamentarian from Telangana, Nandi Yellaiah passed away. He was was first elected to the Lok Sabha from Siddipet in 1979. He was elected to Lok Sabha six times and Rajya Sabha twice from 2002 to 2014.
  • He was presently serving as the vice-president of the Telangana Pradesh Congress Committee (TPCC).

The famous fiction writer and Pulitzer Prize-winner, Shirley Ann Grau passed away

  • She wrote six novels and four short stories which are all set in the Deep South, from New Orleans to north Louisiana and Alabama. Her first book, The Black Prince was published in 1954.
  • Shirley won the Pulitzer Prize for her fourth book, “The Keepers of the House” in 1965. The Book, “The Black Prince and Other Stories” was nominated for the National Book Award in 1956.

World Tribal Day: August 9

  • International Day of the World’s Indigenous Peoples or World Tribal Day is being observed on August 9th every year from 1994, in accordance with the declaration by the United Nations.
  • The day is aimed at promoting and protecting the rights of the world’s indigenous population. The date recognizes the first meeting of the United Nations Working Group on Indigenous Populations in Geneva in 1982.