Hello and welcome to the Current Affair's Portal of ExamPundit.in. Japan has decided to associate itself with the development of Chennai, Varanasi and Ahmedabad as smart cities.
This decision was announced on 5 January 2017 when the Japanese Ambassador to India, Kenji Hiramatsu met the Union Urban Development Minister, M Venkaiah Naidu. Kenji said that Japan was interested in the urban development initiatives of the Indian government and had decided to be its partner.
He further added, replying to Naidu’s observation about the need for a speedy action that Japan would like to match the action-oriented approach of Prime Minister Narendra Modi’s government.
Japan is however not the only country to express interest in being associated with India’s initiative of developing over 100 smart cities.
Recently, Dominic Asquith, the British High Commissioner also met Naidu and discussed the implementation of the MoU signed between the two nations on cooperation in the urban development sector. The MoU was signed during the British Prime Minister, Theresa May’s recent visit to India.
Hello and welcome to the Current Affair's Portal of ExamPundit.in. Google India on 5 January 2017 launched new tools, My Business Website and Digital Unlocked, for the Small and Medium Businesses (SMBs) in India.
The tools were launched by Sundar Pichai, Chief Executive Officer (CEO) of Google, in New Delhi. He announced that they have been launched first in India and would be taken to other countries gradually.
About My Business Website
My Business Website will help small and medium businesses create a free and mobile optimised website.
It will offer simple, templated, editable websites for small businesses. These websites will be created from the data and photos on Google Maps and will be available in 9 Indic languages.
About Digital Unlocked
Digital Unlocked is a training programme.
It has been built "across online, offline, and mobile."
It offers offline training that will be spaced over the next three years.
The training will be conducted in partnership with FICCI. It will be conducted at 5000 workshops located in 40 Indian cities.
In addition, Google has released 90 self-paced video tutorials that have been curated specifically for India. They will be available at g.co/digitalunlocked.
The trainings will be certified by Google, Indian School of Business and FICCI.
The Internet giant also launched a free mobile app, named Primer. It is designed to teach digital marketing skills in a quick, easy and interactive way.
Hello and welcome to the Current Affair's Portal of ExamPundit.in. Om Puri, the veteran actor of Bollywood, died on 5 January 2017 in Mumbai. He passed away after a massive heart attack. He was 66.
Hailing from Ambala, Haryana, Om Puri, was a recipient of Padma Shri, the fourth highest civilian award of India as well as Order of the British Empire (OBE).
Bollywood films with Om Puri’s appearance include Jaane Bhi Do Yaaro, Chachi 420, Hera Pheri, Chor Machaye Shor, and Malamaal Weekly, Singh Is Kinng, Mere Baap Pehle Aap, Billu, Don 2, and The Hangman. He also acted in art films of the 1980s and 1990s like Bhavni Bhavai, Sadgati, Ardh Satya, Mirch Masala and Dharavi.
Om Puri appeared in Hollywood films like City of Joy, Wolf, The Ghost and the Darkness, Charlie Wilson's War, My Son the Fanatic, Such a Long Journey, The Mystic Masseur, The Parole Officer, West Is West, A Million Rivers and Gandhi directed by Richard Attenborough (1982) among others.
Hello and welcome to the Current Affair's Portal of ExamPundit.in. Small Industries Development Bank of India (SIDBI) on Thursday said it has tied up with Life Insurance Corporation of India (LIC) for augmenting capital support to enterprises in the country.
The idea behind tying up with the state-run insurance behemoth is to give a boost to the venture capital ecosystem for MSMEs, it said.
Under fund of funds operations, SIDBI handles various schemes, namely India Aspiration Fund (corpus of Rs 2,000 crore, ASPIRE Fund (Rs 60 crore) and Fund of Funds for Startups (FFS) (Rs 10,000 crore).
In April 2016, SIDBI and LIC had signed a Memorandum of Understanding to supplement funds under India Aspiration Fund. Under the MoU, the insurance major had earmarked an amount of Rs 200 crore for investment.
Under the MOU, as part of first phase, LIC and SIDBI signed Contribution Agreements on January 03 in New Delhi with 7 Venture Capital Funds (VCFs), with an aggregate commitment of Rs 99.50 crore from LIC. This is over and above commitment of Rs 162.75 crore already given to these funds by SIDBI.
Hello and welcome to the Current Affair's Portal of ExamPundit.in. Union Power, Coal and New and Renewable Energy Minister of State(IC) Piyush Goyal on 18 April 2016 released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues in New Delhi.
He also launched Ancillary Services Operations in India.
Highlights of the Report
India has set an ambitious target of achieving 175 GW of renewable generation capacity.
In order to integrate such high penetration of renewable energy and address the concerns of the stakeholders in renewable energy, a high level Technical Committee was constituted with members from Ministry of Power, Central Electricity Regulatory Commission (CERC), Central Electricity Authority (CEA), renewable rich states like Gujarat, Rajasthan, Tamil Nadu, West Bengal, Power Utilities like PGCIL, Power System operation Corporation Ltd. (POSOCO), NTPC, State Generating companies and Private generating companies and Institutions like India Meteorological department (IMD), National Institute of Wind Energy (NIWE), National Institute of Solar Energy (NISE), GIZ, Ernst & Young (E&Y), etc.
Hello and welcome to the Current Affair's Portal of ExamPundit.in. The Maharashtra Government on 18 April 2016 decided to make it mandatory to have a hologram on every alcohol bottle manufactured and sold in the state.
The step was taken to check sale of spurious liquor.
The Government decided to paste polyester base track and trace hologram, to be supported by a mobile app, which will help consumers find out whether the liquor is fake or genuine.
The technique will also help prevent loss of revenue due to cheap liquor being imported into Maharashtra from neighbouring state
Hello and welcome to the Current Affair's Portal of ExamPundit.in. National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country has announced relaxation for claiming personal accident insurance for all RuPay cardholders in the country.
Earlier in November, this benefit was extended to RuPay Classic cardholders to avail accidental insurance benefit if the cardholder has performed minimum one transaction in 90 days.
All RuPay cardholders (physical or virtual) has to perform one successful financial or non-financial transaction at ATM, MicroATM, e-commerce, Point of Sale terminal, Business Correspondent of the bank at locations by any payment instrument. Further, NPCI has now added the branch transactions performed by the customers as well.
New India Assurance has been chosen for this year's RuPay Insurance Programme. Currently, there are over 260 million RuPay Debit Cards in force.