Weekly Current Affairs 15th To 21st August 2020

Published on Tuesday, August 25, 2020
Weekly Current Affairs 15th To 21st August 2020

International News

UK launched Innovation Challenge Fund in India

  • The United Kingdom has launched 3 million pound Innovation Challenge Fund in India.
  • The funds will offer finance to Indian Scientist associated with academics and industries in India so that they can work to find a solution to tackle COVID-19 and Climate change issue.

National News

AYUSH for Immunity Campaign

  • Ministry of AYUSH a campaign titled ‘AYUSH for Immunity’ which will be carried out for three months.
  • ‘AYUSH for Immunity’ campaign is launched with the aim of enhancing immunity among people so that they can fight any disease.

National Digital Health Mission

  • On the occasion of 74th Independence Day of India, Prime Minister Narendra Modi launched National Digital Health Mission.
  • The aim behind this National Digital Health Mission is to revolutionize the health sector of India.

‘Fit India Youth Clubs’

  • Union Minister of Youth Affairs and Sports Kiren Rijiji has launched an initiative called ‘Fit India Youth Clubs’.
  • It’s a nationwide initiative which aims to promote the importance of health fitness among every citizen of India.

‘Yellow Chain’ e-commerce Platform-Nagaland

  • The government of Nagaland has launched an e-commerce platform named ‘Yellow Chain’.
  • The platform will promote local businesses and entrepreneurs of the state.

Electronic Manufacturing Policy 2020---Uttar Pradesh

  • This policy aims to invite investment of Rs 40,000 crores for the upcoming 5 years in the state.
  • The policy also aims to develop 4 lakh employment opportunities in the state.

Swadeshi Microprocessor Challenge-Innovate Solution for #Aatmanirbhar Bharat

  • Union Minister Ravi Shankar Prasad has launched a challenge which is called as:- Swadeshi Microprocessor Challenge-Innovate Solution for #Aatmanirbhar Bharat.
  • The challenge is launched with an aim to invite startups, innovators and students and their professors to use microprocessors and carry out research in this field.

National Recruitment Agency approved by Union Cabinet

  • Union Cabinet has approved to set up a National Recruitment Agency (NRA) which will conduct Common Eligibility Test (CET).
  • The approval to set NRA was given by union cabinet which is headed by Prime Minister Narendra Modi and the announcement for same was made by Union Minister Prakash Javadekar.

‘Pavitrapati’ and ‘Aushada Tara’- Launched by DIAT

  • The two products named as ‘Pavitrapati’ and ‘Aushada Tara’ are launched to combat COVID-19.
  • The products are launched by Defence Institute of Advanced Research (DIAT), Pune.


‘Shaurya Kisan Gold Credit (KGC) Card’

  • HDFC Bank has launched ‘Shaurya Kisan Gold Credit (KGC) Card’.
  • It is the tri-colour theme-based card which is launched for Indian Armed Forces i.e. Indian Army, Indian Navy, Indian Air Force and Para Military Forces and to their families.

‘Digital Apnayen’—By Punjab National Bank

  • The aim behind launching this campaign is to encourage customers to prefer digital banking system.
  • The campaign will be in progress till 31st March 2021 and was launched on the occasion of Independence Day of India.

ADB approved Loan for India’s Rapid Transit System

  • Asian Development Bank has approved the loan to construct the modern, high-speed Delhi-Meerut, Uttar Pradesh RRTS (Regional Rapid Transit System), which will be of 82 km long.
  • For this purpose, ADB has approved to grant a loan of USD 1 Billion i.e. Rs 7458 crore to India.

RBI releases Draft for Self-Regulatory Body for Payment System Operators

  • The Reserve Bank of India has released a draft framework which will offer a grant of recognition to the association of industry to be termed as Self-Regulatory Organisation (SRO) for Payment System Operators (PSO).
  • SRO will be responsible to frame and enforce rules for PSO in order to protect customers and promote ethics, quality and professionalism.

‘Framework for Authorisation of Pan-India Umbrella Entity for Retail Payments’

  • The Reserve Bank of India has released ‘Framework for authorisation of pan-India Umbrella Entity for Retail Payments’.
  • This new pan-India umbrella Entity will be set up with a capital of Rs 500 crore.

Index and Ranking

Atal Rankings of Institutions on Innovation Achievements 2020

  • As per the rankings, IIT Madras has retained its top position in ARIIA for this year as well. IIT Madras is remarked as the best centrally funded institution in India.
  • The rankings were declared on the basis of two broad categories and six subcategories.

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