DAILY CURRENT
AFFAIRS: 15TH FEB 2017
(Daily News India)
1.
AERO INDIA 2017 BEGINS AT AIR FORCE STATION, BANGALORE
i. The 11th biennial edition of
International Aerospace and Defence Exhibition – Aero India 2017 kicked off at
the Air Force Station, Yelahanka in Bengaluru, Karnataka.
ii. The 5 day event was inaugurated by
Defence Minister Manohar Parrikar. It has been organized and conducted by the
Defence Exhibition Organisation.
iii. For the 1st time in the Aero
India event, China will also participate with a 5 member team.
iv. One of the major events of Aero India
2017 was the handing over of Airborne Early Warning and Control System to the
Indian Air Force by the Defence Research & Development Organisation.
2.
CRICKETER SACHIN TENDULKAR ADOPTS DONJA VILLAGE IN MAHARASHTRA
i. Indian Cricket Icon Sachin Tendulkar is
set to adopt his 2nd village in Maharashtra for transformation after
successfully transforming the lives of villagers in Puttamraju Kandriga in
Andhra Pradesh which he adopted in 2016 at an investment of about Rs. 6 cr.
ii. The Rajya Sabha MP Sachin Tendulkar is
adopting Donja village in Osmanabad, Maharashtra under the Sansad Adarsh Gram
Yojna to transform the undeveloped village into a model one.
iii. Tendulkar has sanctioned over Rs 4 cr
from his Members of Parliament Local Area Development fund for development of
Donja
iv .The school will also be replaced with a
new school building, concrete roads, a water supply scheme, to set up micro
cash-recycler ATMs, banking services and a sewage line attached to the same.
3.
INTERNATIONAL COIN FAIR BEGINS IN KERALA
i. The International Coin Fair was
inaugurated at Kanakakunnu Palace in Thiruvananthapuram, Kerala by the Kerala
state Minister for Tourism, Cooperation and Devaswoms Kadakampally Surendran.
ii. The 3 day exhibiton has been organized by
the District Tourism Promotion Council.
iii. The exhibition has been organized to
showcase more than 2,500 coins from around 500 regions including those from the
time of empires and princely states.
iv. The coin from the time of Alexander the
Great, Chola emperors, Mughals, Chera, Islamic Dynasty, Kanishka, Romans, and
the coin released by Subhash Chandra Bose during the British rule and Princess
Diana tribute coins, Somalian guitar-shaped coins, flower-inscribed coins among
other rare pieces would be the major display.
4.
CENTRE ALLOCATES RS. 500 CR TO INDIA POST PAYMENTS BANK FOR FY18
i. Government has allocated an amount of Rs
500 cr to India Post Payments Bank for the financial year 2017-18 to help it in
setting up 650 branches across country by September 2017.
ii. As per Output-Outcome Framework for
Schemes 2017-18 for the Department of Posts, out of the allocated amount, Rs.
125 cr has been allocated as “capital infusion into corporate entity for India
Post Payments Bank” and Rs 375 cr as “grant in aid to India Post Payments
Bank”.
iii. Rs 110.83 cr has been allocated for establishing
e-commerce, international business centres, parcel booking, Rs 73.5 cr for
estates management, Rs 32 cr for mail operations and Rs 17.7 cr for equipments
and IT infrastructure in rural post offices.
5.
WORLD BANK GROUP, IFC TO CONDUCT TRAINING PROGRAMMES FOR NBFCS
i. The International Finance Corporation, a
part of the World Bank Group has partnered with Finance Industry Development
Council to conduct training programmes for Non Banking Finance Companies.
ii. For this 2 engagement letters have been
signed between IFC and FIDC in New Delhi between Raman Aggarwal, Chairman of
FIDC, Jun Zhang, IFC India Country Head and a representative body for
NBFCs especially those engaged in asset
financing.
iii. The training programmes will focus on
‘movable asset financing’ and ‘commercial credit reporting’. It would be held
at various centers across the country under the guidance of leading consultants
from the World Bank Group.
iv. The programme is expected to enhance the
awareness, expertise and professionalism of NBFCs, especially the large number
of small and medium sized NBFCs catering to the credit needs in rural and
semi-urban areas.