DAILY CURRENT
AFFAIRS: 14th SEP 2016
(Daily News India)
1. ARMY
GREEN BEAT NEROCA FC TO WIN DURAND CUP
i. Army
Green on has won the 128th edition of Durand Cup football title.
ii. Army
Green defeated Neroca FC 6-5 via penalty shootouts.
2. STAN
WAWRINKA WON U.S. OPEN CHAMPION
i. Stan
Wawrinka defeated world number one Novak Djokovic to won US Open tennis tournament.
3. CENTRE
INAUGURATES NATIONAL FAIR IN BENGALURU
i. Union
Minister of State for Ayush Shri Shripad Yesso Naik inaugurated the National
Fair on comprehensive Indian Medicine system (AROGYA) in Bengaluru.
ii. The two
days BRICS Wellness Workshop and AROGYA fair is being organized by the Ministry
of AYUSH, in collaboration with Research and Information System for Developing
Countries.
4. CENTRE
ISSUES FRESH GUIDELINES FOR FLEXI-FUND FOR CSS
i. The
government has issued fresh flexi-fund guidelines that will give more freedom
to states in spending money under the Centrally Sponsored Schemes .
ii.The fresh
guidelines are issued to meet local developmental requirements.
ii. Under
the new norms, flexi-funds in each CSS has been increased from the current 10%
to 25% for states and 30% for Union Territories.
5. UNION
GOVERNMENT ISSUES MODEL GUIDELINES FOR STATES TO CURB PONZI SCHEMES
i. The Union Government has issued model guidelines for states to regulate direct selling and multi-level marketing businesses to protect consumers from Ponzi frauds.
i. The Union Government has issued model guidelines for states to regulate direct selling and multi-level marketing businesses to protect consumers from Ponzi frauds.
ii. These
entities will have to enter into an agreement with direct sellers or agents,
and give full refund or buy-back guarantee for goods and services sold to them.
iii. It also
mandates direct sellers to constitute a grievance redressal committee to
protect consumers’ right.