DAILY CURRENT
AFFAIRS: 14TH FEB 2017
(Daily News India)
1. GNFC
TOWNSHIP BECOMES INDIA’S FIRST CASHLESS TOWNSHIP
i. India’s
first cashless township “Gujarat Narmada Valley Fertilizers and Chemicals
township” was inaugurated by Gujarat CM Vijay Rupani.
ii. Nearly
10,000 residents in GNFC have embraced various digital modes of payments
instead of cash.
iii. In the
township, residents are making cashless payments at shopping centers, colleges,
schools, hospital, stadium, laundry and even at tea stalls.
2.
INDIA’S FIRST FLOATING ELEMENTARY SCHOOL INAUGURATED ON MANIPUR’S LOKTAK LAKE
i. India’s
1st floating elementary school particularly for drop outs has been inaugurated
on Loktak lake at Langolsabi Leikai of Champu Khangpok floating village in
Manipur on the occasion of World Wetlands Day.
ii. The
school named as Loktak Elementary Floating School has been opened under a
floating elementary school initiative of All Loktak Lake Fishermen’s Union,
Manipur with the support of NGO, People’s Resources Development Association
under a programme of Action Aid India.
iii. The
school will not only cater to the need of the children but for the illiterate
adults as well. The newly-inaugurated school in the floating village is
currently providing education to around 40 children from Class I-III by
engaging two local teachers.
vi. PRDA
will pay the volunteers under the project called ‘Empowering vulnerable local
communities for sustainable development’, which is funded by Action Aid India.
3.
NATIONAL CAREER SERVICES AND JEEVAN PRAMAN FACILITY FOR EPFO PENSIONERS
LAUNCHED IN HYDERABAD POST OFFICE
i. Bandaru
Dattatreya, The Union Minister of State for Labour and Employment has launched
the National Career Service for youths and Life Certificate facility to EPFO
pensioners through Post Offices at DakSadan in Hyderabad.
ii. The PO
will serve as an Employment Registration Centres for Unemployed rural youth on
behalf of the “National Career Service” Portal where youths can register
themselves for employment in 1,55,000 post offices established across the
country for over 3000 occupations offered under 52 sectors in NCS.
iii. The
centre aims to provide employment to 5 crore people over next five years.
iv. The EPFO
pensioners can also submit their Digital Life Certificate through the Head Post
Offices. This will also benefit the EPFO pensioners to avail the facility at
their doorstep.
4.
GOVERNMENT TO LAUNCH INDRADHANUSH 2.0 FOR RECAPITALIZATION OF PSBS
i. Union
Government has decided to launch ‘Indradhanush 2.0’ for recapitalization of
public sector lenders so that the banks remain solvent and fully comply with
the global capital adequacy norms namely Basel-III.
ii.
Indradhanush 2.0 programme will be finalised by Reserve Bank of India after
completion of Asset Quality Review being undertaken and is likely to be
completed by end of March 2017.
iii. AQR
(Asset Quality Review) is being undertaken to recognize the top defaulting
accounts as Non-Performing Assets and make adequate provisions for them as they
have negative impact on banks and their stocks.
5.
L&T AND MBDA MISSILE SYSTEMS FORMS JV TO DEVELOP MISSILES IN INDIA
i .Larsen
& Toubro Limited, an Engineering and construction major has entered into a
Joint Venture with European defence major MBDA Missile Systems.
ii. The main
aim of the JV is development of missiles in India under the Make in India
initiative while procuring the missile systems from abroad.
iii. As per
the agreement, L&T will own 51% stake in the JV named L&T MBDA Missile
Systems while the rest 49% the European partner.
iv. L&T
is targeting an annual turnover of Rs 10,000 cr from the JV by 2021.
v. The JV
will aim to develop and supply fifth generation anti-tank guided missiles,
missiles for coastal batteries and high speed target drones.