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Top Current Affairs of the day: 07 September 2019

Last Updated: September 7, 2019

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  • Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs

    September 7, 2019
    The Cabinet Committee on Economic Affairs approved an outlay of Rs 2,900 crore for the scheme. The upper limit on overall annual spending on the subsidy disbursal. There is an additional 10 percent subsidy for SC-ST entrepreneurs while special provisions have been made for 117 aspirational districts, hill states, and the northeastern region. The committee is set up under the MSME secretary to look into the issue of delayed payments. The finance ministry estimates that public sector... Read More


    RBI declines Equitas request to extend listing deadline for small finance bank

    September 7, 2019
    The Reserve Bank of India (RBI) turned down a proposal by Equitas Holdings seeking an extension of the listing deadline for its subsidiary Equitas Small Finance Bank (ESFB) ordered freezing of the small finance bank's chief executive’s remuneration at the existing level. RBI communication to the small finance bank on Friday, the central bank told Equitas that its request for extension of timeline for listing of share of ESFB .ESFB was not permitted to open new branches and further... Read More
    Category: Banking & Finance


    Centre approves Rs 350crores for 9th phase of Bru repatriation

    September 7, 2019
    The Centre approved an amount of Rs 350 crore for the ninth phase of Bru repatriation from six relief camps of neighbouring Tripura.The approval during a Joint Monitoring Group meeting on Bru repatriation, chaired by Special Secretary (internal security), Ministry of Home Affairs, A P Maheswari, in Delhi. The state last month identified 4,447 Bru families for the exercise, scheduled to begin on October 1. The approved amount of Rs 350 crore would cover transportation and rehabilitation package... Read More
    Category: Indian Affairs

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    Dr. B. Bala Bhaskar is the next newly appointed Ambassador of India to the Kingdom of Norway

    September 7, 2019
    B Bala Bhaskar appointed as the next Indian Ambassador to Norway. The ministry of External Affairs (MEA) Bala Bhaskar (IFS: 1993)appointed as the next Ambassador of India to the Kingdom of Norway. He will replace Krishan Kumar heading the Indian mission in Norway since July 2018. An IFS of 1993 batch will take up the assignment shortly. The Joint Secretary of the WANA division of the MEA that deals with all the matters relating to India's trade with WANA region comprising 19... Read More


    Fifteenth Indo-US military training exercise Yudh Abhyas 2019

    September 7, 2019
    The 15th edition of the biggest joint military exercise Yudh Abhyas 2019 took place between Indian and the United States(US) at Lewis McChord Joint Airforce Base,Washington(US) continue till 18th September. The main objective is to facilitate interoperability between two nations and train at Battalion level as well as brigade level. The US side represented by a company of 5-20 Infantry Battalion of the US Army and the Indian side was represented by The Assam Regiment. The Indian army welcomed... Read More


    Kochi to host 22nd India International Seafood Show after 12 years

    September 7, 2019
    The Marine Products Export Development Authority (MPEDA) joined with the Seafood Exporters Association of India (SEAI) is organizing the 22nd edition of India International Seafood Show (IISS) . Their aim is to provide an ideal platform for an interaction between Indian Exporters and overseas importers of Indian marine products, an opportunity for display and sale for manufacturers and suppliers of processing machinery, packaging systems, processing ingredient dealers and cold chain systems... Read More
    Category: Arts & Culture


    Vice President advises educational institutions to be partners in Fit India and Khelo India

    September 7, 2019
    Vice President of India, Shri M. Venkaiah Naidu to partner in programs such as Fit India and Khelo India and encourage students to lead a physically active life. The youth are important as their intellectual and emotional development. It was particularly essential in the wake of the spurt in the non-communicable diseases in the country.   He stressed the need to provide a multidisciplinary and holistic education that includes co-curricular activities and community service. The... Read More


    UNESCO ties up with Rajasthan to promote states intangible cultural heritage

    September 7, 2019
    UNESCO and the Rajasthan government joined to promote the state's intangible cultural heritage. Their main aim is to promote music, art and craft forms, and other intangible cultural heritage of the state to spur socio-economic growth of several artist communities. The project which will run for around three-and-a-half years will be implemented in Jodhpur, Barmer, Jaisalmer and Bikaner districts. India and the Rajasthan government's tourism department today signed a partnership... Read More
    Category: International


    Venkaiah Naidu released Glorious Diaspora Pride of India in New Delhi

    September 7, 2019
    The Vice President of India, Shri M. Venkaiah Naidu releasing the Coffee Table Book titled Glorious Diaspora-Pride of India in New Delhi. The book contains the brief profiles of the recipients of Pravasi Bharatiya Samman Awards (PBSA) from 2003 to 2019. The Coffee Table Book was brought out by the Indian Diaspora Club. The club was appreciated for the contributed for the welfare of the nation through their philanthropic and charitable work. Aim: Indian Diaspora aims to effectively counter... Read More
    Category: Books & Authors


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    K2K Glory Run was Flagged off

    September 7, 2019
    Kargil to Kohima, an Ultra-Marathon- Glory Run, was Flagged-off at Air Headquarters, New Delhi. The marathon was flagged off by Chief of the Air Staff (CAS) Air Chief Marshal BS Dhanoa.
    Aim: The aim of K2K is to promote awareness for Pedestrian Safety. It also promotes Fit India Movement which was recently launched by Hon’ble Prime Minister Shri Narender Modi along with paying tribute to brave hearts who made the supreme sacrifice. About K2K: The K2K – Glory Run will... Read More


    First Mega Food Park was held in Telangana

    September 7, 2019
    The first Mega Food Park in Telangana was held at Lakkampally village in Nizamabad district. It was inaugurated by the Union Minister for Food Processing Harsimrat Kaur Badal. The food park was promoted by Smart Agro Food Park. The Smart Agro Mega Food Park was set up in 78 acres of land at a cost of Rs.108.95 crore. The facilities in the park include a 5,000-tonne warehouse each for raw materials, finished goods, and commodities, 500-tonne deep freeze, Turmeric-Curcumin, Oleoresin Extraction... Read More
    Category: Indian Affairs


    Chandrayaan 2: ISRO lost contact with Vikram lander before its landing

    September 7, 2019
    ISRO reported that Chandrayaan-2's, its lunar mission, landing module Vikram lost its contact with the ground base and failed to respond on 7 September at a distance of 2.1km from the Moon's surface. ISRO said that the initial path was normal and while descending Vikram went silent. So far, Russia, the US, and China have successfully soft-landed on the moon.
    Chandrayaan-2 mission: Chandrayaan-2 was India's attempt to soft-land a probe on Moon for the first time. In 20018,... Read More


    Vatican awards Yunus the Lamp of Peace of Saint Francis award

    September 7, 2019
    Bangladesh Professor Muhammad Yunus was awarded the Lamp of Peace of Saint Francis award by the Vatican. The award recognizes his contribution towards establishing peace and harmony. Papal Basilica of Assisi and Father Mauro Gambetti who is the master of the Holy Convent conferred the award to Yunus. Muhammad Yunus: Muhammad Yunus was born on 28 June 1940 in Chittagong, Bangladesh. He is a professor, banker, and economist. He is famous for his work in microcredit. The book Banker to the... Read More
    Category: Awards and Honours


    The 8th 2019 Seoul Defense Dialogue was held in Seoul

    September 7, 2019
    The Seoul Defense Dialogue 2019, an annual international security forum, was held in Seoul. It was hosted by the Ministry of National Defense, Seoul. Indian Defense Minister Rajnath Singh addressed the dialogue during his 3-day visit to Republic of Korea (ROK). The dialogue had four plenary sessions. Theme: The dialogue aimed to discuss the international security issues such as the overall development of the peace process on the Korean Peninsula and improvement in Northeast Asia's... Read More


    Zimbabwe former President Robert Mugabe passed away

    September 7, 2019
    Zimbabwe's former President Robert Mugabe passed away in Singapore at the age of 95 on 6 September. Mugabe is a country's independence struggler. He was receiving treatment in a hospital in Singapore since April. Robert Mugabe: Mugabe was born on 21 February 1924, in the capital of Zimbabwe. Mugabe was educated by Jesuit priest and worked as a school teacher before attending to South Africa's University of Fort Hare. He was imprisoned, for more than a decade without trial, for... Read More


    Ministry of MSME conducted a national workshop in New Delhi

    September 7, 2019
    Ministry of Micro, Small and Medium Enterprises (MSME) conducted a  national workshop in New Delhi. The event was chaired by Union Minister for Micro, Small and Medium Enterprises (MSME) Shri Nitin Gadkari. The meeting included discussions on the issue of delayed payments to MSMEs and ways to deal with it.
    Also, the Finance Ministry has announced that it has some initiatives to strengthen the MSME sector. The MSME Ministry has announced its plan to launch Bharat Craft, a marketing... Read More
    Category: Indian Affairs




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